Renovated duplex priced below appraised value for a smooth closing strong entry point with immediate upside.
| Website: | https://www.nestseekers.com/5421138 |
|---|---|
| Address: | Miami, FL 33165 |
| Ownership: | For Sale |
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| Type: | Duplex |
Financials
Price:$800,000
Annual Taxes:$9,679
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
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1 305-203-4555 Fax: +1 305-675-0745 | |
| Listing Courtesy of Keller Williams Capital Realty | |