$849,000

$354/sq ft

$81,000
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Overview

Year Built

2024

Sqft

2400

Property Type

Duplex

Property Description

Excellent new duplex investment opportunity in a quiet Miami neighborhood. Property completed in December 2024. Each unit features 3 bedrooms and 2 bathrooms, central air conditioning, and separate water and electric meters. Current rents: • Unit 1: $3,200 / month • Unit 2: $3,748 / month Total monthly income: $6,948 Annual gross income: $83,376 Estimated operating expenses: 13% (~$10,839/year) Net Operating Income (NOI): $72,537/year Cap Rate: ~8.5% at asking price of $849,000 Estimated ROI: ~34.2% (assuming 25% down payment, before appreciation and tax benefits) This property is ideal for investors seeking immediate cash flow, low vacancy risk, and long-term appreciation

Property Details

MLS#

A11907905

Total Floor in Bldg

1

Address

11980-11982 213th st SW

City

Miami

State/county

FL

Zip/Postal Code

33177

Area

¤symmes - Sharman Tract

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$11,080

Maint Fee

$--

Tax Year

2025

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Boris Gelfand