Overview
- Updated On:
- October 17, 2024
- 2,516 ft2
Description
Not your typical Duplex! This unique property features 2 large houses situated on a huge 24k sqft development site. One house is a 4 bed/2 bath and the other is a 2 bed/1 bath. Can also be sold with the duplex next door at 701 SW 6th St. Currently both houses are occupied, it generates a gross annual income of just under $50k annually, with upside to increase to $75k annually when rents are raised to market rates. Each house has plenty of parking and a large yard. Beyond being an amazing income-producing asset, this prime lot offers the potential to build brand new townhouses, especially if combined with the duplex available next door. Minutes away from Gulfstream Park, Aventura mall, Shopping Centers, and pristine beaches.
- Principal and Interest
- Property Tax
- HOA fee