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Dennis Lue Yat

dennis@luxeiq.com +1(561) 589-1400

$2,900,000

Est. payment - /mo

2,451 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,451 sqft

Price per Sqft $1,183

MLS Listing ID A12038022

HOA Y/N No

Total Fin. Sqft 2451

Year Built 2025

Annual Tax Amount $2,500

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

Four 2025-built, 5-bed / 4-bath twin-home units (2,478 sf each) offered together as a single package. All four areleased on Section 8 Housing Choice Vouchers, with rent paid directly by the housing authority for dependable,government-backed cash flow. Solid CBS (concrete block) construction with impact windows, high-end finishes, andfull builder warranty means minimal near-term maintenance. A rare turnkey portfolio in one of South Dade's fastest-growing rental corridors.Units in package 4 (each its own folio) Configuration 5 Bed / 4 Bath each Living area 2,478 sf / unit (9,912 sf) Lot size 3,720 sf per unit Year built 2025 — under warranty Construction CBS block + impact windows Tenancy 100% Section 8 leased Avg in-place rent $4,467 / mo per unit Net operating income $198,638 Cap rate 6.85% Gross rent multiplier 13.5x

Location

Subdivision Chloe'S Estates

State FL

County Miami-dade

Area 2690

Zoning 0100

Interior

Interior Features InteriorFeatures

Heating Central, Separate Meters

Cooling Central Air

Flooring Carpet, Ceramic Tile

Fireplace No

Exterior

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 8

Private Pool No

Building

Dwelling Type Multi Family

Story 2

Sewer Public Sewer

Structure Type Block

Schools

Elementary Schools Caribbean K-8

Middle Schools Cutler Bay Middle

High Schools Miami Southridge

Others

Tax ID 3069130590010

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12038022

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Listed by Reynald Desarmes Malibu Bay Realty

Nearby School & Business

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Dennis Lue Yat

+1(561) 589-1400

Broker | REALTOR® | SL3301099

Broker | REALTOR® SL3301099

Popular Cities & Towns In Palm Beach County

22505 SW 125th AVE Miami, FL 33170

Dennis Lue Yat

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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