530 NE 71st St, Miami FL 33138

For sale Days on market 61

BAYWOOD [ Duplex ]

$1,050,000

$476/sq ft

$70,000
Price Increased

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Overview

Year Built

1944

Sqft

2204

Property Type

Duplex

Property Description

Owner/agent. Rare opportunity to acquire a large 2-story 6-bedroom duplex in the MIMO DISTRICT. The property has been fully updated and features a 3/1 upstairs and a 3/1 downstairs with over 2,200 SF of living area (1 of the 3 bedrooms in each unit is a smaller den). The property is fully rented generating $72,600/yr in rental income, or $6,050 per month. The property is separately metered for water & electric in each unit. Landscaping is $100/mo. Insurance $3k/yr. Trash is included in property taxes ($8285/yr). Can be converted to single-family and sold much higher. NOT in a flood zone. Steps from Biscayne Blvd.

Property Details

MLS#

A11909129

Total Floor in Bldg

Building

BAYWOOD

Address

530 71st St NE

City

Miami

State/county

Zip/Postal Code

33138

Area

Baywood

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$8,285

Maint Fee

$--

Tax Year

2025

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