Miami, FL 33127

Property

Ownership: For Sale
Type: Duplex

Financials

Price:$500,000
Annual Taxes:$8,471
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of KPI International Realty LLC

This duplex presents a compelling value add opportunity in one of the city s fastest evolving neighborhoods, featuring two units with strong upside potential.

Description

This duplex presents a compelling value-add opportunity in one of the city’s fastest-evolving neighborhoods, featuring two units with strong upside potential. One unit is currently rented on a month-to-month basis at well below market rent, providing immediate opportunity for rental increases or repositioning, while the second unit is vacant and requires TLC, with some renovation already underway, allowing an investor to complete improvements and lease at market rates. Adding to the appeal, the roof is set to be replaced, reducing near-term capital expenditure and enhancing the property’s long-term stability. Situated in a rapidly changing area with increasing demand and redevelopment, this asset offers multiple strategies for value creation, including renovation, rent growth, and long-term appreciation.

Amenities

  • CableNotAvailable
  • LessThanQuarterAcre

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.