Description
Fantastic investment opportunity in Little Havana, close to Calle Ocho, Brickell, Downtown, and The Beaches. This Fourplex consists of two detached units. Front Unit is a 3/1 home rented on month-to-month (way under current rental market: $1,500/month), needs some TCL. Back unit is comprised of 3 apartments (2/2, 1/1, 1/1), a turnkey Airbnb property completely remodeled and furnished in 2021, generating more than $7,000 on average monthly income. CAP is 5%, to highly improve once Front Unit is added to Airbnb Program. This is also a great opportunity for Developers, with an unique 7,500 sq ft lot zoned as T5-L, allowing residential projects (up to 5 stories are permitted) and commercial projects (please see MLS attachments for commercial uses).
Location
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Courtesy of: Keller Williams Realty Premier MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida 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 website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 8th August, 2022 4:19 PM (UTC)
