Commercial property in Biscayne Park, Florida 175.77 sq.m. № 1372528

Property description

Introducing a completely occupied and newly renovated duplex property in Biscayne Park, perfect for instant income generation with a 7.44%+ cap rate. This investment boasts a newer roof and impact windows/doors throughout. The first unit features 3 bedrooms, 2 bathrooms, and central A/C. While the second unit includes 2 bedrooms, 1 bathroom, Fully furnished, and mini-split A/C's. Both units have impact windows and doors with a newer roof. Tenants have access to a utility room at the back of the property with laundry facilities. The property generates a total gross rent of $5,600 per month and has separate electric meters, with the owner only responsible for water expenses. No flood insurance required. Don't miss this lucrative investment opportunity in Miami!