request_info_guest false

West Biscayne

$650,000

10040 NW 8th Ave, Miami, FL 33150

Active
Last Updated: 05/05/2025

2,259 sqft

Building Size

3

Units

Details:
Building Size:    2,259 sqft
Units:    3
Year Built:    1949
Floors:    1
Parking Spots:    6
Gross Leaseable Area:    2,119
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Other Available Information
  • Architectural Style: Attached
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Tile
  • Construction Materials: Other
Description:

Attention investors! This fully occupied triplex is situated on a 7,500 sq ft. lot and currently generates $4,800/month in rental income, with two units rented at $1,900/month and one at $1,000/month—offering immediate, stable cash flow from day one.

The property is livable and fully rented, but would benefit from repairs and aesthetic upgrades, making it a great value-add opportunity. The lot is currently being used to work on multiple vehicles, which could be cleared to improve curb appeal or expand parking.

There is one electrical and one water meter, with shared utility costs between tenants.

Property is sold as-is. Do not disturb tenants. Drive-by only. Showings available by appointment. Serious inquiries only.

Map:
Location
Gallery