2,496 SqFt
2,496 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,496 sqft
Price per Sqft $600
Subdivision City Of Miami South
MLS Listing ID A11927668
Style Fourplex
HOA Y/N No
Year Built 1954
Annual Tax Amount $19,449
Tax Year 2024
Property Sub-Type Quadruplex
Property Description
Currently run as 8 short-term rental studios, each averaging approximately $1,500 per month.. This property is a true cash-flow performer with strong in-place income. Investors have the flexibility to continue maximizing returns through short-term rentals or transition the building back to its original fourplex configuration for a more management-efficient operation. The existing unit mix of four one-bed/one-bath apartments provides stable long-term rental demand while preserving upside for future value-add or repositioning strategies.
Location
State FL
County Miami-dade
Community City Of Miami South
Area 41
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Terrazzo, Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Others
Tax ID 01-02-04-030-1060
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11927668
