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About This Property
**Income-Producing Property in a Desirable Miami Location!** Unique income-producing property configured as **three separate units**, offering excellent flexibility for investors or owner-occupants. The main residence is divided into two spacious units, plus a detached studio. **Unit 1** features 3 bedrooms and 2 bathrooms, a primary bedroom, living room, dining area, and kitchen. This unit currently generates **$3,600 per month** in rental income. **Unit 2** features 3 bedrooms and 2.5 bathrooms, along with a family room, living room, dining area, and kitchen. This unit currently generates **$4,000 per month** in rental income. Both larger units have their **own separate laundry facilities** for added convenience and privacy. The property also includes a **detached studio** featuring 1 bedroom, 1 bathroom, and a small kitchenette. The studio currently generates **$1,200 per month** in rental income. **Total current rental income: $8,800 per month, or $105,600 annually.** Plenty of parking adds to the property's appeal. Located in a desirable and convenient area with easy access to **Brickell, Coconut Grove, Coral Gables, Downtown Miami, Wynwood, and major highways**, making it convenient for residents and commuters alike. A great opportunity for investors seeking multiple income streams or an owner-occupant looking to live in one unit while generating rental income from the others. **Seller is motivated—bring your offers!**
Property Features
County
Miami-Dade County
Section
10
Area
4044
Subdivision
BYAN PARK
Interior
First Floor Entry, Cooking Island, French Doors, Pantry, Roman Tub, 3 Bedroom Split, Walk-In Closet(s), Garage Apartment, Garage Converted
Cooling
Central Air
Bedrooms
6
Floors
Ceramic Floor
Full Baths
4
Appliances
Electric Water Heater, Gas Range, Refrigerator
Heating
Electric
Style
Detached, Two Story
Garage Spaces
0
Construction/Exterior
Concrete Block Construction, CBS Construction
Patio / Deck Description
Open Balcony, Patio
Exterior
Open Balcony
Has a Pool
1
Possession
Funding
Lot Size in Acres
Water
Municipal Water, Well
Sewer
Public Sewer
Lot Size in Sq. Ft.
8775
Has Waterfront
No
Parking Description
Driveway
View
Garden
Has Garage
No
Roof/Attic
Barrel Roof, Flat Roof With Facade Front
Senior Community
No
Other Utilities
Property Type
Residential
Pets
Property SubType 2
Single Family Residence
Tax Year
2025
Year Built
1925
Tax Amount
$4603
APN
NA
Square Feet Source
NA
Map
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