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782 52Nd St Miami, FL 33127

For Sale
$589,000

Legal Duplex, Updated, High Rental Income

Description

Added:
Dec 11, 2024
Days on Market:
363
This charming 1-story, 1956-built duplex in Miami's Buena Vista West neighborhood presents a compelling investment opportunity. The property, located at 782 NW 52nd St, Miami, FL 33127, features two units: a 2-bedroom, 1-bathroom and a 1-bedroom, 1-bathroom. Both units boast recently upgraded vinyl flooring, new split A/C units, fresh paint, a new roof, and new impact windows. Further enhancing their appeal are remodeled bathrooms and stainless steel appliances. The property also includes a spacious backyard and a two-car parking area. Currently, one unit commands a monthly rent of $1950, while the other generates $2300 per month. Tenants are responsible for their own water and electricity, with separate meters ensuring efficient utility management. The property's low maintenance requirements contribute to its strong financial performance. Its convenient location offers easy access to the Design District, Wynwood, Miami International Airport, and Miami Beach. The asking price is $589,000. Proof of funds is required for showings.

Property Features for 782 52Nd St

General Information

Property type
Multifamily properties

Building Details

Year Built
1956
Stories
1

HighLights

  • Charming 1956‑built duplex in Miami's Buena Vista West.
  • Two units: a 2/1 and a 1/1, both recently renovated with new flooring, A/C, paint, roof, and impact windows.
  • Remodeled bathrooms and stainless steel appliances.
  • Spacious backyard and two‑car parking.
  • Monthly rental income: $1950 and $2300.
  • Tenants pay their own utilities (water & electric).
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Small apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
-80.2097192
Latitude
25.8227485

FAQs

What type of property is this?
Multifamily property - Legal Duplex, Updated, High Rental Income
Where is this multifamily property located?
The property is located at 782 52Nd St Miami, FL.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Charming 1956-built duplex in Miami's Buena Vista West.; Two units: a 2/1 and a 1/1, both recently renovated with new flooring, A/C, paint, roof, and impact windows.; Remodeled bathrooms and stainless steel appliances.
More about this property
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