Commercial property in Miami, Florida 129.32 sq.m. № 2046546

Property description

This duplex presents a compelling value-add opportunity in one of the city’s fastest-evolving neighborhoods, featuring two units with strong upside potential. One unit is currently rented on a month-to-month basis at well below market rent, providing immediate opportunity for rental increases or repositioning, while the second unit is vacant and requires TLC, with some renovation already underway, allowing an investor to complete improvements and lease at market rates. Adding to the appeal, the roof is set to be replaced, reducing near-term capital expenditure and enhancing the property’s long-term stability. Situated in a rapidly changing area with increasing demand and redevelopment, this asset offers multiple strategies for value creation, including renovation, rent growth, and long-term appreciation.