Commercial property in Miami, Florida 265.7 sq.m. № 2051535

Commercial property in Miami, Florida 265.7 sq.m. № 2051535
ID2051535 $ 1 398 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2051535

Property description

Fully renovated, income producing duplex with separate cottage, located close to Barry University. This turnkey multi family property is ideal for investors seeking strong rental income in a high demand area with additional upside potential. The property has been thoughtfully updated with new kitchens and baths, plus washer and dryer in each unit, offering clean, modern living spaces. In addition to the duplex, there is a detached cottage in the rear that allows for additional rental income, creating a flexible income producing setup within one property. Currently generating $8500 per month, this property presents an established income stream in a thought after pocket, between Biscayne Park and Miami Shores that continue to see consistent rental demand driven by students, faculty and local professionals. A solid, renovated asset in a proven rental market, with strong appreciation potential.
MLS #: A11971232
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CityMiami
Address265 NE 116th St, Miami FL 33161
TypeCommercial property
Living space265.7 m²
  • sq. ft
Completion dateIV quarter, 1951
Parking places5
Price
  • Price
  • per m²
$ 1 398 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £