UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,897 sqft
Price per Sqft $513
Subdivision Carolina Heights 2Nd Sec
MLS Listing ID A11962645
HOA Y/N No
Year Built 1925
Annual Tax Amount $10,666
Tax Year 2025
Property Sub-Type Duplex
Property Description
Fully remodeled throughout, this turnkey asset removes the usual headaches of ownership. Updated kitchens, modern finishes, new flooring, impact windows and doors, and a new roof allow for immediate income without the need for renovations or capital improvements. Simply step into ownership and collect.
The property offers a strong in-place cap rate of approximately 5.9%, with a low expense profile and minimal ongoing maintenance. Two of the units include in-unit washer and dryer, adding convenience and tenant appeal, while ample on-site parking enhances functionality and long-term desirability.
Centrally located near Miami Dade College and Little Havana, the property benefits from consistent rental demand, accessibility, and long-term growth potential, all at an attractive price point under $1M.
An ideal investment for those seeking stability, simplicity, and immediate returns in one of Miami's most dynamic rental markets.
Location
State FL
County Miami-dade
Community Carolina Heights 2Nd Sec
Area 41
Zoning 5700
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Other
Exterior
Pool None
Utilities Available Cable Available
Roof Type Other
Total Parking Spaces 4
Private Pool No
Building
Lot Description Corner Lot, < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Others
Tax ID 01-41-04-016-0040
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Listed As-Is
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11962645
Nearby Locations
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