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… Read More 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. Read Less
Courtesy of Compass Florida, LLC 305-315-2396
Listing Snapshot
Days Online
108
Last Updated
Property Type
Triplex
Square Ft.
4,339
Year Built
1925
MLS Number
A12039482
Additional Details
Building
Built in 1925, Living area: 4339, Construction materials: CBS, Toal building area: 4339, 4 total units
Cooling
Central Air, Electric, Wall/Window Unit(s)
Floors
Ceramic Tile
Heating
Separate Meters, Central, Window/Wall
Property
Zoning: 5100
Roof
Concrete
Sewer
Septic Tank
Taxes
Annual amount: $16,200
Utilities
Cable Available
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