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About This Property
A rare opportunity to own a hassle-free, income-producing multifamily property that is already doing exactly what investors want, cash flowing from day one with $6,450 in current monthly income. Fully remodeled throughout, this turnkey asset removes the usual headaches of ownership. Updated kitchens, modern finishes, new flooring, impact windows and doors, and a new roof allow for immediate income without the need for renovations or capital improvements. Simply step into ownership and collect. The property offers a strong in-place cap rate of approximately 5.9%, with a low expense profile and minimal ongoing maintenance. Two of the units include in-unit washer and dryer, adding convenience and tenant appeal, while ample on-site parking enhances functionality and long-term desirability. Centrally located near Miami Dade College and Little Havana, the property benefits from consistent rental demand, accessibility, and long-term growth potential, all at an attractive price point under $1M. An ideal investment for those seeking stability, simplicity, and immediate returns in one of Miami’s most dynamic rental markets.
Property Features
County
Miami-Dade County
Section
4
Area
1897
Subdivision
CAROLINA HEIGHTS 2ND SEC
Interior
Cooling
Central Air, Electric
Bedrooms
Floors
Other
Full Baths
Appliances
Heating
Central, Electric
Style
Garage Spaces
Construction/Exterior
CBS Construction
Patio / Deck Description
Exterior
Has a Pool
Possession
Funding
Lot Size in Acres
Water
Sewer
Public Sewer
Lot Size in Sq. Ft.
0
Has Waterfront
No
Parking Description
View
Has Garage
No
Roof/Attic
Other
Senior Community
No
Other Utilities
Property Type
Residential Income
Pets
Property SubType 2
Duplex
Tax Year
2025
Year Built
1925
Tax Amount
$10666
APN
NA
Square Feet Source
NA
Map
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