3499 Sw 1st Ave
Miami, Florida
$999,000 Rental Price
- Bedrooms   - Baths

2 Detached Buildings in The Roads area (one behind the other)! Keep as rentals with $8,000 monthly income until you're ready to build (2) Luxury Townhomes. Recent comps for townhomes are $2 million each! The numbers work! Sell out is almost 4X the purchase price! The...

2 Detached Buildings in The Roads area (one behind the other)! Keep as rentals with $8,000 monthly income until you're ready to build (2) Luxury Townhomes. Recent comps for townhomes are $2 million each! The numbers work! Sell out is almost 4X the purchase price! The property boasts a detached 2 bed/2 bath back house with a private backyard, offering potential for expansion & rental income of $3,500/month. The front house features a 2 bed/1 bath main unit plus an attached 1 bed/1 bath studio, rented for $2,750 & $1,350 respectively. Both units have updated bathrooms, soundproof windows/doors & hurricane-proofing. Separate electric & water meters. Located near major highways & prestigious neighborhoods like Vizcaya, Coconut Grove & Brickell, this property offers tremendous potential.

Listing courtesy of Keller Williams Capital Realty

 

Listing Details

Miami, Florida
Type: Rental
Price: $999,000
Approx. square footage: 2,698 sf
Last Updated: 10/3/2024
Web ID: 11657253
MLS ID: A11657253

Info & Amenities

Type: Triplex
Built: 1940
Pool: Yes

Map of Area for 3499 SW 1st Ave

Listing Agent(s)