Miami, FL 33150

Property

Ownership: For Sale
Type: Unknown
Pets: No Pets Allowed

Financials

Price:$995,000
Annual Taxes:$6,335
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Campos Commercial Real Estate LLC

Brand new construction triplex located in the up and coming West Little River neighborhood of Miami.

Description

Brand new construction triplex located in the up-and-coming West Little River neighborhood of Miami. This modern multifamily property features three spacious 3-bedroom, 2-bath units, each built with quality materials and designed for low maintenance and long-term durability. Property includes impact windows and doors, brand new roof, new central A/C systems, PVC plumbing, and in-unit washer and dryer in each unit. The property is currently vacant and in the process of leasing, providing an excellent opportunity for a new owner to place tenants at market or Section 8 rents. Section 8 rents for 3-bedroom units in this zip code are up to $2,952 per unit, offering strong and stable income potential. The site is zoned multifamily and allows for up to six units by right, presenting future development or expansion upside. With low operating expenses due to new construction and strong rental demand, this is an ideal opportunity for investors seeking a turnkey asset with cash flow and long-term appreciation.

Amenities

  • CableAvailable
  • ImpactGlass
  • LessThanQuarterAcre
  • SecurityHighImpactDoors

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.