Price $749,000
Status Active
Beds 0
Baths 0 Bath
Home size 2,492 sqft
Lot Size n/a
Days on Market 1
Excellent duplex investment opportunity with active Section 8 in a quiet neighborhood. Each unit features 3 bedrooms and 2 bathrooms, central A/C, and separate water and electric meters.The unit has been recently painted, has new impact windows and a new air conditioner. The roof is in perfect condition. Property is fully approved for Section 8, and both current tenants are Section 8, providing stable and reliable income. Current rents: "¢ Unit 10501: $3,200/month "¢ Unit 10503: $3,330/month Total monthly income: $6,530 Annual gross income: $78,360 Each unit has its own folio, offering flexibility for future ownership or financing strategies. With estimated operating expenses at 15%, the property delivers a strong NOI of approximately $66,606 annually, resulting in an estimated Cap Rate of ~8.9% at the asking price. Ideal for investors seeking immediate cash flow, low vacancy risk, and long-term appreciation. Please do not disturb the tenants.
Property Type(s): Multi Family
Last Updated 1/14/2026 Tract WEST PERRINE ADDN
Year Built 2008 Community 50
County Miami-Dade

Additional Details

AIR Central Air
AIR CONDITIONING Yes
AREA 50
CONSTRUCTION BLOCK
HEAT CENTRAL
LOT 0
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
SUBDIVISION WEST PERRINE ADDN
TAXES 4157
UTILITIES Cable Available
ZONING 5700

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Arianne Cross to contact you even if your name is on a Federal or State "Do not call List".
Listed with Avanti Way Brickell
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked. Data provided is deemed reliable but not guaranteed.

This IDX solution is (c) Diverse Solutions 2026.

Email a Friend