$699,000
5 Beds · 4 Baths · 1578 sqft
Incredible income-producing opportunity in the heart of Miami. Located in the desirable Douglas Park area, this fully remodeled property offers exceptional flexibility for homeowners and investors alike. The main residence features 3 bedrooms and 2 bathrooms with spacious living areas that feel larger than what is reflected in the tax roll. Recent upgrades include all new plumbing, electrical, and AC systems throughout. In addition to the main home, the property features two separate efficiencies. Each efficiency has its own private entrance, its own patio, and its own outdoor living space, making them feel less like add-ons and more like standalone retreats. Whether you envision them as income-generating rentals, a private guest house, or an in-law suite, the versatility here is unmatched. One efficiency includes a kitchenette and full bathroom and is currently occupied, while the second is a beautifully updated 1-bedroom, 1-bath unit that is vacant and move-in ready. The main home is rented month-to-month, providing immediate income while maintaining flexibility for a future owner. With three potential income streams, ample outdoor space, and a prime central Miami location, this is a rare investment opportunity. Minutes from Miami International Airport, Calle Ocho, Coral Gables, Downtown Miami, and major highways. All information provided is deemed reliable but not guaranteed and should be independently verified by the buyer and buyer's agent.
Bedrooms
5
Bathrooms
4
Living Area
1578 sqft
Heating
Central
Cooling
Central Air, Wall/Window Unit(s)
Interior Features
First Floor Entry, Walk-In Closet(s), Family Room, Separate Guest/In-Law Quarters
Style
Attached, Detached, One Story
Roof
Shingle
Exterior Features
Room For Pool
Lot Size
6930 sqft
Parking Details
Additional Spaces Available, Circular Driveway, Driveway
Property Type
Single Family Residence
MLS#
509505566
Year Built
1947
Area
Douglas Park
Days on Market
7
Monthly Payment
$4,333/mo
Listing courtesy of Elev8ed Estates Corp
Listing information is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Data last updated 7/6/2026. Listing provided courtesy of the Miami Association of REALTORS® MLS. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the MIAMI Association of REALTORS®.


