Value-add duplex investment opportunity in Miami with strong income potential and upside. 530 NW 99th Street features approximately 2,621 SF situated on a 7,350 SF lot with projected rents of approximately $2,900 per unit ($69,600 projected annual gross income). Property requires some deferred maintenance and capital improvements, including a roof… Read More replacement, which has been reflected in the asking price and creates an attractive opportunity for investors to increase value through strategic improvements and rent optimization. Yet, property has been updated and does include High Impact windows and doors. Excellent long-term hold opportunity in a strong rental corridor with convenient access to major highways, Downtown Miami, Wynwood, Miami Shores, and key employment centers. Ideal for investors, owner-users, or 1031 exchange buyers seeking stable multifamily demand with upside potential. Do not disturb tenants. Shown by appointment only. Read Less
Courtesy of Compass Florida, LLC 305-697-2904
Listing Snapshot
Days Online
62
Last Updated
Property Type
Duplex
Square Ft.
2,465
Year Built
1974
MLS Number
A12009577
Additional Details
Building
Built in 1974, Living area: 2465, Construction materials: "Block", Toal building area: 2621, 2 total units
Cooling
"Central Air"
Floors
"Ceramic Tile"
Heating
"Separate Meters", "Central"
Property
Zoning: 5100
Roof
"Shingle"
Sewer
"Septic Tank"
Taxes
Annual amount: $11,464
Utilities
"Cable Available"
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