Commercial property in Miami, Florida 194.54 sq.m. № 1641942

Property description

Priced to move quickly-This turnkey investment opportunity in a rapidly growing area, with a current high cap rate over 7%. The property is a 2008-built duplex, fully renovated in 2023, located within an Opportunity Zone. It is an easy-to-manage investment, with one unit leased to Section 8 tenants and the other to a long-term tenant The renovations include brand-new wood cabinets with quartz countertops, stainless steel appliances, and updated luxury vinyl plank flooring throughout. A unique feature of this duplex is that the units are detached, which appeals to single-family renters, often resulting in higher rent premiums compared to traditional duplex configurations. With low maintenance and modern, high-end finishes, this property offers a hassle-free investment.