REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Dennis Lue Yat

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

$849,995

Est. payment - /mo

4,339 SqFt

Save Virtual Tour

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,339 sqft

Price per Sqft $195

MLS Listing ID A12039482

HOA Y/N No

Total Fin. Sqft 4339

Year Built 1925

Annual Tax Amount $16,200

Tax Year 2025

Property Sub-Type Triplex

Property Description

9 BEDROOMS 6 BATHROOMS 5 UNITS PRIME INCOME PROPERTYExceptional investment opportunity delivering immediate cash flow. This expansive 4,339 SF multifamily property sits on a 13,044 SF lot and features 5 nonconforming units under one folio. The layout includes includes a spacious 3 bedroom main residence, two 2 bedroom units, and two 1 bedroom units, making it ideal for an owner occupant or full rental investment.Zoned for up to 9 units, offering strong future development and value add potential. The oversized lot provides ample space for additional construction and on site parking. All units are currently rented month to month, allowing flexibility to increase rents or reposition the property.Projected rental income with two units fully rented, cash flowing $12,000 per month. This includes two renovated 1 bedroom units at $2,000 each, 2 bedroom units ranging from $2,000 to $2,500, a 3 bedroom unit at $3,000, and a trailer at $700.Strong income potential from day one with room to grow.

Location

Subdivision The Tropics Amd

State FL

County Miami-dade

Area 2310

Zoning 5100

Interior

Interior Features InteriorFeatures

Heating Central, Separate Meters, Wall Furnace

Cooling Central Air, Electric, Wall/Window Unit(s)

Flooring Ceramic Tile

Fireplace No

Exterior

Utilities Available Cable Available

Roof Type Concrete

Total Parking Spaces 8

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 1

Sewer Septic Tank

Structure Type Block

Schools

Elementary Schools Broadmoor

Middle Schools Madison

High Schools Miami Central

Others

Tax ID 3031040034340

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12039482

Read Less Info

Listed by Brittany Karlina Saenz Compass Florida, LLC

Nearby School & Business

Get More Information

Dennis Lue Yat

+1(561) 589-1400

Broker | REALTOR® | SL3301099

Broker | REALTOR® SL3301099

Popular Cities & Towns In Palm Beach County

3040 NW 93rd ST Miami, FL 33147

Dennis Lue Yat

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information