This prime investment property features two legal units, each with its own electric meter, sitting on a spacious 7,000 sqft lot. Great location, close to I-95 & 20min to the beach. The main house generates $4,000/month in rent, while the back house brings in $2,100/month and will be remodeled before closing. With a CAP RATE of 8,32%. Ideal for an investor looking to expand their rental portfolio with high returns or for future multifamily development due to the large lot size.
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of April 18th, 2025 at 7:03pm CDT (date/time).
All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Waterfront Properties and Club Communities shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2025 MLS of RAMB.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing