$1,700,000
4905 sqft
This well-maintained, 2-story building with 4,905 sq ft of living space sits on a 6,450 sq ft lot and was built in 1971. Key updates include a 1 year old roof, security cameras and impact windows. The property features a mix of four 1BD/1BA units and four 2BD/1BA units. It is 100% occupied on flexible month-to-month leases, offering an ideal opportunity for rent optimization in a market with consistent year-over-year growth. Annual Gross Income: $124,800 - Operating Expenses: $49,000 - Net Operating Income (NOI): $75,800 (4% cap rate at asking price) - Pro Forma Potential: Immediate 5-10% rent upside due to below-market rates and strong local demand. DO NOT DISTURB THE TENANTS.
Building Area
4905 sqft
Stories
2
Heating
Wall/Window Units
Cooling
Wall/Window Unit(s)
Roof
Composition Roll
Lot Size
6450 sqft
Parking Details
Assigned
Property Type
Income/MultiFamily
MLS#
534894930
Year Built
1971
Days on Market
18
Listing courtesy of RE/MAX United Realty
Listing information is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Data last updated 8/3/2026. 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®.


