$1,195,000 ($275.41 per sqft)

Est. Mortgage $5,964/mo *

Quick Pre-Approval

3040 NW 93rd St, Miami, FL, 33147

3040 NW 93rd St, Miami, FL, 33147

9 beds

6 Full baths

1925

Detached, One Story

4,339 sqft

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 income producing units under one folio. The layout 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 when fully rented is $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.


Status:

Active

Type:

Single-family residential

Laundry Remarks:

Washer Hookup,Dryer Hookup

Zoning:

5100

Subdivision:

THE TROPICS AMD

Garage:

Driveway, Other, On Street

Heating:

Central, Wall Furnace

Cooling:

Central Air, Electric, Wall/Window Unit(s)

Est. Taxes:

$10,232

Construction

Block

Lot Description:

1/4 to 1/2 Acre Lot

View Description:

None

Elementary School:

Broadmoor

Middle School:

Madison

High School:

Miami Central

Appliances:

Microwave, Refrigerator, Washer

Pool:

None

MLS #:

A12002767


Community Info

School Info

Walk Score

Yelp



Listing courtesy of Compass Florida, LLC 305-315-2396