Miami Highlands Sec A

Highlights:

• Lot Features: Less Than 1/4 Acre Lot
• Building Features: Laundry Facility
• Documents Available: Deposit Held, Deposit - Security, Copy Of Lease(S), Existing Survey
• Architectural Style: Attached, Ranch
• Cooling: Ceiling Fan(s), Central Air, Electric, Wall/Window Unit(s)
• Heating: Central, Electric
• Flooring: Clay, Terrazzo, Vinyl
• Construction Materials: CBS Construction

Description:

Nestled between Biscayne Park and Miami Shores, this tropical multi-unit property is within walking distance to Miami Country Day School. High elevation, no flood zone, multi-unit parcel in unincorporated Miami-Dade so property taxes are almost half of the neighboring communities—maximizing your net return.
This turnkey residential legal duplex generates $5,150/month gross ($61,800/yr).
The front unit is divided into two efficiencies, both are rented at $1,200 per month, both of these tenants are on annual leases. Both feature a flexible 30-day right to cancel. All security deposits transfer to the buyer.
The rear unit has a 2-year lease ending Aug-2028, rent is $2,750 per month and escalates to $2,800 in August 2027.
Rents include utilities. Capital improvements offer total peace of mind: a new roof (2024), newer central A/C system, new impact windows/doors, a paved parking lot, washer/dryer, and the extra building/shed with electricity that conveys. There are two separate electric meters (one for the back unit, one for the two front units) and one shared water meter. Property has a total of three tankless water heaters.
The full report of 2026 4-Points Inspection and Wind Mitigation Reports are attached in the listing.

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Listing ID: A12040451