Property Details
| Asking Price | $849,995 |
|---|---|
| Price per SqFt | $196 |
| Maintenance fee | Inquire |
| Property Taxes | $16,200 2025 |
| Interior Space | 4,339 SqFt |
| Beds/Baths | —/— |
| Year Built | 1925 |
| Pool | No |
| MLS # | A12039482 |
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
9 BEDROOMS 6 BATHROOMS 5 UNITS PRIME INCOME PROPERTYExceptional investment opportunity delivering immediate cash flow. This expansive 4,339 SF multifamily property sits on a 13,044 SF lot and features 5 nonconforming units under one folio. The layout includes includes a spacious 3 bedroom main residence, two 2 bedroom units, and two 1 bedroom units, making it ideal for an owner occupant or full rental investment.Zoned for up to 9 units, offering strong future development and value add potential. The oversized lot provides ample space for additional construction and on site parking. All units are currently rented month to month, allowing flexibility to increase rents or reposition the property.Projected rental income with two units fully rented, cash flowing $12,000 per month. This includes two renovated 1 bedroom units at $2,000 each, 2 bedroom units ranging from $2,000 to $2,500, a 3 bedroom unit at $3,000, and a trailer at $700.Strong income potential from day one with room to grow.
Listed by Compass Florida, LLC
Sales History for This Home · 3040 NW 93rd Street, Miami, FL 33147
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11535044 | $810,000 | 4/10/24 |
Listed by Compass Florida, LLC. 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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