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408 11Th Ave Miami, FL 33128

For Sale
$650,000

Legal duplex, two units, great investment.

Property size:
1,408 SF

Description

Added:
Dec 11, 2024
Days on Market:
365
This exceptional investment opportunity presents a legal duplex located in Miami, Florida, at 408 NW 11th Ave, 33128. Situated on a desirable corner lot spanning 5,000 square feet, this property offers two identical units, each boasting 2 bedrooms and 1 bathroom. Built in 2003, the single-story building comprises 1,408 square feet of living space and features central air conditioning in both units. The property benefits from a gated entrance, enhancing security and privacy. One unit is currently occupied by a tenant, providing immediate rental income, while the other unit is vacant and ready for immediate occupancy or lease. The asking price for this multifamily property is $650,000. This property's location near the Miami River offers convenient access to various amenities and attractions. The property's newer construction and desirable features make it an attractive investment for both seasoned and new investors seeking a strong return on investment in the thriving Miami real estate market. This is a turnkey opportunity to acquire a well-maintained, income-generating property in a prime location.

Property Features for 408 11Th Ave

General Information

Property type
Multifamily properties
Square Feet
1,408 SF

Building Details

Year Built
2003
Stories
1

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Small apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.2133376
Latitude
25.777579

FAQs

What type of property is this?
Multifamily property - Legal duplex, two units, great investment.
Where is this multifamily property located?
The property is located at 408 11Th Ave Miami, FL.
What is the asking price?
The asking price for this property is $650,000.
More about this property
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