Description
Turnkey legal 4-unit (10 Bedroom 8 Bath) multifamily on a 27,351 SF Double corner lot in an Opportunity Zone and eligible under the Live Local Act. Two detached duplexes (1990), each with a 2/2 and 3/2 all fully fenced and renovated with impact windows, quartz kitchens, and modern finishes. Tenants pay all utilities 4 electric + 4 water meters, large units grossing $11,525/mo ($138,300/yr) a true 7.1% cap rate. Located just 13 min to Sunny Isles Beach, 20 min to Aventura Mall, and near future Brightline/SMART rail stations. Exit strategies: divide lot in 2 parcels and sell off individually or commercial/multistory redevelopment (buyer to verify). Excellent cash flow, 1031 exchange appeal, and long-term growth in one of Miami's fastest-growing areas.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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3,900SQFT
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$409$/SQFT
School Ratings & Info
Description
Turnkey legal 4-unit (10 Bedroom 8 Bath) multifamily on a 27,351 SF Double corner lot in an Opportunity Zone and eligible under the Live Local Act. Two detached duplexes (1990), each with a 2/2 and 3/2 all fully fenced and renovated with impact windows, quartz kitchens, and modern finishes. Tenants pay all utilities 4 electric + 4 water meters, large units grossing $11,525/mo ($138,300/yr) a true 7.1% cap rate. Located just 13 min to Sunny Isles Beach, 20 min to Aventura Mall, and near future Brightline/SMART rail stations. Exit strategies: divide lot in 2 parcels and sell off individually or commercial/multistory redevelopment (buyer to verify). Excellent cash flow, 1031 exchange appeal, and long-term growth in one of Miami's fastest-growing areas.
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