17 Ave Manor Duplex For Sale
1994 Nw 47 Ter, Miami, FL 33142

$900,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11681510
  • Virtual Tour: YES
  • List Price: $900,000
  • Living Area: 2167 Ft² / 201 M²
  • Price Per Foot/Meter: $415 / $4,470
  • Taxes:$7,262
  • Year Built:1946
  • Listing Date:October 23, 2024
  • Days On Market:24

Description


Don't miss out on this incredible opportunity to invest in a property with endless possibilities! This unique listing features two detached structures on a 10,000 sqft LOT, providing privacy for each unit. Front unit boasts a 4/3.5 layout, while back unit offers a cozy 2/1 space. Front unit entirely remodeled! If you rent the 4/3.5 as a 1/1+3/1.5, you have a solid 6% cap b/t the three units (1 bed and bath can easily be separated as an efficiency/ in law quarter)! 2/1 can easily be rented around $2300 (current tenant paying $900). Property also qualifies for AIRBNB, so your cap rate could be even higher! Property has the potential to be split into 2 lots allowing for redevelopment and even more value. Separate electrical and water meters for the 4/3.5 and 2/1 units make billing a breeze.

Features


  • Floor:CeramicTile, Terrazzo
  • Exterior Feature:

Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker