Miami, FL 33135

Property

Ownership: For Sale
Type: Single Family
Rooms: 3
Bedrooms: 6 BR
Bathrooms: 4½
Lot Size: 0.2 Acres

Financials

Price:$1,350,000
Annual Taxes:$4,603
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Brickell Brokers LLC

Income Producing Property in a Desirable Miami Location !

Description

**Income-Producing Property in a Desirable Miami Location!**Unique income-producing property configured as **three separate units**, offering excellent flexibility for investors or owner-occupants. The main residence is divided into two spacious units, plus a detached studio.**Unit 1** features 3 bedrooms and 2 bathrooms, a primary bedroom, living room, dining area, and kitchen. This unit currently generates **$3,600 per month** in rental income.**Unit 2** features 3 bedrooms and 2.5 bathrooms, along with a family room, living room, dining area, and kitchen. This unit currently generates **$4,000 per month** in rental income. Both larger units have their **own separate laundry facilities** for added convenience and privacy.The property also includes a **detached studio** featuring 1 bedroom, 1 bathroom, and a small kitchenette. The studio currently generates **$1,200 per month** in rental income.**Total current rental income: $8,800 per month, or $105,600 annually.**Plenty of parking adds to the property's appeal. Located in a desirable and convenient area with easy access to **Brickell, Coconut Grove, Coral Gables, Downtown Miami, Wynwood, and major highways**, making it convenient for residents and commuters alike.A great opportunity for investors seeking multiple income streams or an owner-occupant looking to live in one unit while generating rental income from the others.**Seller is motivated—bring your offers!**

Amenities

  • Balcony
  • Bedroom Layout Three Way Split
  • Electric Water Heater
  • French Doors
  • Garden
  • Gas Range
  • Gas Water Heater
  • Kitchen Island
  • Pantry
  • Refrigerator
  • Roman Tub
  • Walk-In Closet(s)

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.