Kay Sub 1 St Addn

$880,000

3245 NW 47th St, Miami, FL 33142

For Sale

Multifamily Duplex / Triplex / Fourplex

Active

Last Updated: 04/16/2025

Details:

Building Size: 3,150 sqft

Units: 4

Year Built: 1953

Floors: 2

Parking Spots: 4

Gross Leaseable Area: 3,150

Offered by Realtor

Francisco Campos

Brilliance Realty Group

#3368417

Request Info to Unlock

Vicente Rodriguez

Strike Realty LLC

#3289280

Request Info to Unlock

Highlights:

Lot Features: Less Than 1/4 Acre Lot
Documents Available: Accounting Statements
Architectural Style: Attached
Cooling: Central Air
Heating: Central
Construction Materials: Concrete Block Construction

Description:

Turn-key fourplex just passed its 40-year recertification and is ready to generate strong returns. Section 8 is now paying up to $2,300 for two-bedroom units, exceeding market rents for the first time, making this a prime investment opportunity.

3245 NW 47th St, Miami, FL 33142
Fourplex | 4 x 2Bed/1Bath Units
Central A/C | New Roof (3 Years Old) | 40-Year Recertification Completed

Lot Size: 7,875 SqFt | Building Size: 3,150 SqFt
Zoning: RU-1 Single-Family Residential District
Cap Rate: 7.1% | Pro-Forma: 9% | Price per Door: $220,000

Great opportunity for investors seeking high returns with minimal hassle. DM for details or to schedule a tour.