1994 NW 47 TER new

Miami,FL 33142

$ 900000

- Bed

0 Bath

2167 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,167 sqft

Price per Sqft $415

Subdivision 17 Ave Manor

MLS Listing ID A11681510

Construction Status Resale

HOA Y/N No

Year Built 1946

Annual Tax Amount $7,262

Tax Year 2023

Property Description

Don't miss out on this incredible opportunity to invest in a property with endless possibilities! This unique listing
features two detached structures on a 10,000 sqft LOT, providing privacy for each unit. Front unit boasts a
4/3.5 layout, while back unit offers a cozy 2/1 space. Front unit entirely remodeled! If you rent the 4/3.5 as a 1/1+3/1.5, you have a solid 6% cap b/t the three units (1 bed and bath can easily be separated as an efficiency/ in law quarter)! 2/1 can easily be rented around $2300 (current tenant paying $900). Property also qualifies for AIRBNB, so your cap rate could be even higher! Property has the potential to be split into 2 lots allowing for redevelopment and even more value. Separate electrical and water meters for the 4/3.5 and 2/1 units make billing a breeze.

Location

State FL

County Miami-dade

Community 17 Ave Manor

Area 31

Interior

Heating Central,Wall Furnace

Cooling Central Air,Wall/Window Unit(s)

Flooring Ceramic Tile,Terrazzo

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Composition,Shingle

Total Parking Spaces 6

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block,Frame,Stucco

Construction Status Resale

Others

Tax ID 30-31-22-014-1830

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

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