INVESTORS: rented to excellent tenants! Pristine, fully updated single-family compound in Miami’s urban core—5 mins to MIA & near Coral Gables, Brickell, Coconut Grove, Wynwood, the cruise terminal and beaches. This property features a modern 3-bedroom, 1-bathroom primary residence plus flexible separate living quarters, offering a high-yield investment or a versatile multi-generational estate. Live in the primary home and keep family close, use the additional space as private guest suites, or utilize them for solid income potential. The roof is brand new (=lower property insurance), and everything else is like-new including A/C, plumbing, electric, hurricane impact windows and doors. The primary home features a bright open layout, a chef’s kitchen with cabinets to the ceiling, laundry room, and an upgraded bath with a fresh feel. The exterior boasts luxury travertine tile accents, a secure side gate for boat parking, a massive circular and another driveway with parking for up to 7 cars, and a separate 90 sq ft unfinished side storage room offering additional potential to expand your income or living space. For investors, this turnkey gem is a cash-flow goldmine with uncapped flexibility. Long-term leases: projected income is $6,200/mo, a 6.57% CAP rate. Airbnb use: it is projected to gross $90K–$120K+/yr with 10.47% CAP rate, heavily driven by its premium airport proximity. This pristine and centrally located compound offers unmatched value for investors and end users alike.
1,345 Sq Ft
6,760 Sq Ft Lot Size
single family home
$723 Monthly Tax
Built in 1955
MLS/Listing ID A12035229
IDEAL HOMES SUB NO 7
Community - Street Lights
Community - Sidewalks
Fruit Trees
Room for Pool
Fenced
Ceramic Tile
Tile
Unfurnished
Heating - Electric
First Floor Entry
Built-in Features
Closet Cabinetry
Cooling - Central Air
Cooling - Electric
Cooling - Other
Cooling - Zoned
High Impact Doors
Dishwasher
Dryer
Electric Range
Electric Water Heater
Split Bedrooms
Stacked Bedrooms
Volume Ceilings
Attic
Family Room
Utility Room/Laundry
Parking - Circular Driveway
Parking - Driveway
Open Porch
Shingle
Garden View
Impact Glass
Complete Impact Glass
High Impact Windows
Public Sewer
Water
Other Equipment/Appliances
Refrigerator
Lighting
Washer
Style - Detached
Style - One Story
Community - Public Road
Microwave
TOTAL MONTHLY COST
$0
$0
$0
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