1994 Nw 47 Ter Ter
Miami, Florida
$900,000 Rental Price
- Bedrooms   - Baths

Don't miss out on this incredible opportunity to invest in a property with endless possibilities! This unique listing features two detached structures on a 10,000 sqft LOT, providing privacy for each unit. Front unit boasts a 4/3.5 layout, while back unit offers a cozy 2/1 space. Front unit entirely...

Don't miss out on this incredible opportunity to invest in a property with endless possibilities! This unique listing features two detached structures on a 10,000 sqft LOT, providing privacy for each unit. Front unit boasts a 4/3.5 layout, while back unit offers a cozy 2/1 space. Front unit entirely remodeled! If you rent the 4/3.5 as a 1/1+3/1.5, you have a solid 6% cap b/t the three units (1 bed and bath can easily be separated as an efficiency/ in law quarter)! 2/1 can easily be rented around $2300 (current tenant paying $900). Property also qualifies for AIRBNB, so your cap rate could be even higher! Property has the potential to be split into 2 lots allowing for redevelopment and even more value. Separate electrical and water meters for the 4/3.5 and 2/1 units make billing a breeze.

Listing courtesy of Keller Williams Eagle Realty

 

Listing Details

Miami, Florida
Type: Rental
Price: $900,000
Approx. square footage: 2,167 sf
Last Updated: 11/16/2024
Web ID: 11681510
MLS ID: A11681510

Info & Amenities

Type: Duplex
Built: 1946
Pool: Yes

Listing Agent(s)