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Key Details
Sold Price $745,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,950 sqft
Price per Sqft $252
Subdivision South Bay Estates
MLS Listing ID A11407792
Sold Date 07/26/23
Construction Status Resale
HOA Y/N No
Year Built 1947
Annual Tax Amount $9,779
Tax Year 2022
Contingent Pending Inspections
Property Description
Prime Central Miami Duplex with Unmatched Location and Exceptional Investment Potential. Quick reposition to 7.4% Cap. The property has 6 Bedrooms -5.5 Baths and is well maintained with quality long term Tenants. With its central location and multiple appealing features, this duplex presents an exceptional investment opportunity. Miami's robust real estate market offers the potential for long-term appreciation and consistent rental income. Investors will recognize the value of this property and the promising returns it can provide. The property boasts a prime location with effortless access to US1, the Metrorail Station, Coconut Grove, schools, parks, shopping, and entertainment. (It has a non-conforming use with 3 units)
Location
State FL
County Miami-dade County
Community South Bay Estates
Area 41
Interior
Heating Electric
Cooling Electric
Flooring Other
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 3
Sewer Public Sewer
Water Public
Structure Type Block
Construction Status Resale
Others
Tax ID 01-41-16-023-1150
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Listed As-Is
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Bought with Cervera Real Estate Inc.
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Jaky Quelle
Broker Associate | License ID: BK3283887
Broker Associate License ID: BK3283887