11275 NW 17Th Ave Miami, FL 33167
Turn-key duplex on oversized corner lot, high-demand area.
Building Details
- Year built
- 1957
Source:
Elliman
Listing Agent: Armando Cardella
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Remodeled Duplex Investment Opportunity
This duplex investment property offers a turn-key opportunity with the potential to generate a 6-7% cap rate. Situated on an oversized 9,464 square foot corner lot, the property provides ample parking. The south unit, a 3-bedroom, 1-bathroom layout with an additional room that can serve as a fourth bedroom, has been recently remodeled and is currently rented for $2,900 per month. The north unit, featuring a 2-bedroom, 1-bathroom configuration, is presently vacant and has a potential rental income of $2,500 per month. This arrangement is ideal for investors or owner-occupants seeking to live in one unit while generating income from the other. The property's location offers convenient access to I-95, the Gratigny Expressway, Wynwood, Mid-Town, Miami Shores, and both Miami and Fort Lauderdale airports. This income-producing property is located in a high-demand area.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.226166
- Latitude
- 25.877499
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FAQs
What type of property is this?
Duplex - Turn-key duplex on oversized corner lot, high-demand area.
Where is this duplex located?
The property is located at 11275 NW 17Th Ave Miami, FL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: - Turn-key, income-producing duplex with potential 6-7% cap rate.; - Over-sized 9,464 Sqft CORNER lot with ample parking.; - South unit (3/1 + additional room) recently remodeled and rented for $2,900/mo.