A rare opportunity to own a hassle-free, income-producing multifamily property that is already doing exactly what investors want, cash flowing from day one with $6,450 in current monthly income. 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.
| MLS # | A11962645 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 204 |
| Listing Provided By | RGI Realty | Roberta Ingletto |
| SQ Feet | 1,897 |
|---|---|
| Story(s) | 1 |
| Zoning | 5700 |
| Lot Features | Corner Lot, Less Than Quarter Acre |
|---|
| Tax Annual Amount | 10666 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33135 |
| Area | 41 |
| Community Name | CAROLINA HEIGHTS 2ND SEC |
| Listing VS Median (in CAROLINA HEIGHTS 2ND SEC) | |
Price: $975,000 low | high Med: $987,500 sqft: 1,897 low | high Med: 1,726 $ / sqft: $514 low | high Med: $579 On site: 204 low | high Med: 133 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33135 |
| Area | 41 |
| Community Name | CAROLINA HEIGHTS 2ND SEC |
| Listing VS Median (in CAROLINA HEIGHTS 2ND SEC) | |
Price: $975,000 low | high Med: $987,500 sqft: 1,897 low | high Med: 1,726 $ / sqft: $514 low | high Med: $579 On site: 204 low | high Med: 133 | |
![]() | $1,000,0002939 Sw 5th StMiami, FL 33135 |
![]() | $2,5002828 Sw 3rd St FrontMiami, FL 33135 |