Miami, FL 33138

$495,000
1,052
SqFt

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List Price
$495,000
Days on Market
70
MLS#
A12019562
Year Built
1949
Living Area
1,052
MLS Area Major
2310

Property Description

Strategic investment opportunity in Miami’s Little River!Duplex 2/2; 1/1 is currently configured as a 3-bedroom, 2-bathroom residence. Located within a designated Opportunity Zone and High Density Mixed-Use T5-O zoning. With key Opportunity Zone tax deferral provisions scheduled through 2026, this property offers timely redevelopment potential, long-term appreciation, and possible capital gains tax deferral advantages for qualifying investors. Currently occupied by an exceptionally reliable tenant with a strong track record of timely payments and responsible lease compliance. Tenant responsible for all utilities, lawn maintenance, trash removal.Ideally positioned in prime Little River location, just off N Miami Ave and a couple blocks from NE 79th Street, offering excellent connectivity to Miami’s key urban corridors. Near the Design District, Edgewater, Wynwood, Little Haiti, and Downtown Miami, this site sits within one of Miami’s most dynamic growth areas in Dade county. Property is sold As-is. The duplex Has been very well maintained. The roof was completely isolated in 2022. New A/C 2023.The windows are fitted with exterior metal security bars for added protection. Freshly painted in & out. Brand New appliances (Refrigerator, Heater & washer & dryer ).

Additional Information

Taxes
$4,100
Utilities
Cable Not Available
Heating
None
Air Conditioning
Central Air, Other
Exterior Construction
Block
Roof
Other, Shingle, Wood
Middle School
Horace Mann
High School
Miami Edison

Listing courtesy of BBM Realty LLC.

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Calculator source: Real Geeks