House in Miami, Florida 5 bedrooms, 171.59 sq.m. № 2030087

Property description

Exceptional income-producing opportunity in the heart of Coral Way / Shenandoah! This versatile multi-unit property offers a rare combination of owner-occupant flexibility and strong rental income. The main residence is a spacious 3-bedroom / 2-bath / washer & dryer, home with a full kitchen and large paved backyard, currently vacant (previously rented for $3,400/month) — perfect for a buyer to move in immediately or lease at market rent. In addition, the property features: • 1/1 in-law quarters with full kitchen, washer & dryer, private entrance, and separate meters, currently rented $1,650/month (month-to-month) • 1/1 efficiency with small kitchen, private patio, and private entrance, currently rented $1,000/month (month-to-month) All units are month-to-month, allowing a new owner to renew annually, adjust rents, or reposition the asset. Ideal setup to live in the main home while rental units offset your mortgage, or operate as a full buy-and-hold income property. Additional highlights include: • 3 on-site parking spaces + ample street parking • Space to park an RV or boat • Storage room • Large paved backyard Appraised at $1,038,000.