Nest Seekers

Income Producing Property in a Desirable Miami Location !

Miami, FL 33135

Listing

Web ID:5696433
Website:https://www.nestseekers.com/5696433

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

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!**
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12057991

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)

Location

Miami FL 33135 USA

Contact

Palm Beach, FL
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Phone: +1 561-725-9229
deborahg@nestseekers.com
Listing Courtesy of Brickell Brokers LLC
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