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$ 849,995
Est. payment /mo
New
3040 NW 93rd St Miami, FL 33147
4,339 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,339 sqft
Price per Sqft $195
MLS Listing ID 11841818
Year Built 1925
Annual Tax Amount $16,200
Tax Year 2025
Property Description
9 BEDROOMS 6 BATHROOMS 5 UNITS PRIME INCOME PROPERTY Exceptional investment opportunity delivering immediate cash flow. This expansive 4,339 SF multifamily property sits on a 13,044 SF lot and features 5 nonconforming units under one folio. The layout includes includes a spacious 3 bedroom main residence, two 2 bedroom units, and two 1 bedroom units, making it ideal for an owner occupant or full rental investment. Zoned for up to 9 units, offering strong future development and value add potential. The oversized lot provides ample space for additional construction and on site parking. All units are currently rented month to month, allowing flexibility to increase rents or reposition the property. Projected rental income with two units fully rented, cash flowing $12,000 per month. This includes two renovated 1 bedroom units at $2,000 each, 2 bedroom units ranging from $2,000 to $2,500, a 3 bedroom unit at $3,000, and a trailer at $700. Strong income potential from day one with room to grow.
Location
State FL
County 12086
Rooms
Dining Room 0
Kitchen 0
Building
Story 1
Sewer Private Septic
Structure Type Masonry - Concrete Block
Others
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