Property Details
| Asking Price | $975,000 |
|---|---|
| Price per SqFt | $514 |
| Maintenance fee | Inquire |
| Property Taxes | $10,666 2025 |
| Interior Space | 1,897 SqFt |
| Beds/Baths | —/— |
| Year Built | 1925 |
| Pool | No |
| MLS # | A11962645 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
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.
Listed by RGI Realty
Sales History for This Home · 2900 SW 4th Street, Miami, FL 33135
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11404204 | $705,000 | 8/18/23 |
| A10464693 | $200,000 | 6/8/18 |
Listed by RGI Realty. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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Location
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