Price $799,000
Status Active
Beds 0
Baths 0 Bath
Home size 1,144 sqft
Lot Size n/a
Days on Market 136
Prime investment opportunity in the heart of South Miami, just 3 blocks from the University of Miami and minutes from Downtown South Miami and the redevelopment of Sunset Place. Situated on a 6,300 SF lot, this duplex offers immediate income and significant upside. The property consists of a rented 2-bedroom, 1-bath unit currently generating $4,000/month, The property features a new roof and updated plumbing, reducing near-term capital expenditures. Additionally, the property is equipped with two separate water meters and two electrical meters, allowing for efficient management and future flexibility. With multifamily zoning in place allowing you to build more units. This is a prime opportunity for investors and developers looking to capitalize on a high-demand rental corridor. The lot accommodates approximately 9-10 parking spaces, adding significant value for future multifamily development .Positioned near the University of Miami, Coral Gables, and major transit routes, this location consistently drives strong rental demand. Whether you're looking to stabilize and increase cash flow or redevelop into a higher-density asset, this is a rare opportunity in one of Miami's most supply-constrained markets. Need 24 hour notice to show , Call L/A for more information and showing instructions
Property Type(s): Multi Family
Last Updated 9/11/2026 Tract STORMPROOF SUB
Year Built 1947 Community 40
County Miami-Dade

Price History

Prior to Sep 11, '26 $800,000
Sep 11, '26 - Today $799,000

Additional Details

AIR Central Air, Electric
AIR CONDITIONING Yes
AREA 40
CONSTRUCTION BLOCK
EXTERIOR Lighting
HEAT CENTRAL, Electric
LOT 0
POOL DESCRIPTION None
SEWER Septic Tank
STORIES 1
SUBDIVISION STORMPROOF SUB
TAXES 4264
UTILITIES Cable Available
WATER Public
ZONING 0800

Location

 

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Listed with Douglas Elliman
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