UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $353
Subdivision ¤Symmes - Sharman Tract
MLS Listing ID A11907905
HOA Y/N No
Year Built 2024
Annual Tax Amount $11,080
Tax Year 2025
Property Sub-Type Duplex
Property Description
Current rents:
• Unit 1: $3,200 / month
• Unit 2: $3,748 / month
Total monthly income: $6,948
Annual gross income: $83,376
Estimated operating expenses: 13% (~$10,839/year)
Net Operating Income (NOI): $72,537/year
Cap Rate: ~8.5% at asking price of $849,000
Estimated ROI: ~34.2% (assuming 25% down payment, before appreciation and tax benefits)
This property is ideal for investors seeking immediate cash flow, low vacancy risk, and long-term appreciation
Location
State FL
County Miami-dade
Community ¤Symmes - Sharman Tract
Area 69
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Septic Tank
Level or Stories One
Structure Type Block
New Construction true
Others
Tax ID 30-69-12-004-0450
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11907905
Get More Information
Dennis Cordero, PA
Real Estate Advisor | License ID: 3074725
Real Estate Advisor License ID: 3074725