Miami, FL 33165

Property

Ownership: For Sale
Type: Duplex

Financials

Price:$800,000
Annual Taxes:$9,679
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Keller Williams Capital Realty

Renovated duplex priced below appraised value for a smooth closing strong entry point with immediate upside.

Description

Renovated duplex priced below appraised value for a smooth closing—strong entry point with immediate upside. Currently generating $4,800/month with a 3/2 at $3,200 and a 1/1 at $1,600. Market rents are higher. Both units will be delivered vacant, offering flexibility for investors or owner occupants. Potential assumable FHA loan (~$375K at 2.4%) creates a rare financing advantage and cash flow potential. The property features numerous functional and cosmetic upgrades, such as impact windows, modern bathrooms and kitchens (including appliances), trendy flooring and fixtures, mini-splits (in the 1/1), a newer electrical panel, and water heater. With a roof from ~2014, septic serviced in 2023, separate electric meters, and no lender-required flood insurance, this duplex offers peace of mind and lower carrying costs. Excellent condition and a central location in the well-established Westchester residential area—with convenient access to major roadways, shopping, dining, airport, FIU and everyday amenities—make this a high-demand rental asset and a comfortable place to call home. The flexible layout supports multiple strategies for buyers focused on long-term wealth building, stability, and control: live in one unit while offsetting housing expenses, build equity while generating income, or transition into a fully rented investment. This property presents a compelling opportunity for value-add, rent growth, and appreciation in one of the best communities in South Florida.

Amenities

  • Blinds
  • CableAvailable
  • Fence
  • ImpactGlass
  • LessThanQuarterAcre
  • Other
  • Patio
  • Porch

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.