Commercial property in Miami, Florida 231.51 sq.m. № 2002207
1

ID2002207
$ 749 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Excellent duplex investment opportunity in a quiet neighborhood. Each unit features 3 bedrooms and 2 bathrooms, central A/C, and separate water and electric meters. The unit has been recently painted, has new impact windows and a new air conditioner. The roof is in perfect condition. Current rents: • Unit 10501: $3,200/month • Unit 10503: $3,330/month Total monthly income: $6,530 Annual gross income: $78,360 Each unit has its own folio, offering flexibility for future ownership or financing strategies. With estimated operating expenses at 15%, the property delivers a strong NOI of approximately $66,606 annually, resulting in an estimated Cap Rate of ~8.9% at the asking price. Ideal for investors seeking immediate cash flow, low vacancy risk, and long-term appreciation. Please do not disturb the tenants. Ask about Owner FinancingMLS #: A11945969
Contact the seller
CityMiami
Address10501-10503 SW 172, Miami FL 33157
TypeCommercial property
Living space231.51 m²
- m²
- sq. ft
Completion dateIV quarter, 2008
Parking places4
Price
- Price
- per m²
$ 749 000
- EUR €
- USD $
- RUB ₽
- GBP £
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