Laurie Mallett
5925 SW 64th St, South Miami, FL, 33143
1947
1,144 sqft
Prime investment opportunity in the heart of South Miami, just 3 blocks from the University of Miami and minutes from Downtown South Miami and the redevelopment of Sunset Place. Situated on a 6,300 SF lot, this duplex offers immediate income and significant upside. The property consists of a rented 1-bedroom, 1-bath unit currently generating $2,000/month, along with a vacant 2-bedroom, 1-bath unit—ideal for an owner-user, value-add investor, or lease-up strategy at market rents. The property features a new roof and updated plumbing, reducing near-term capital expenditures. Additionally, the property is equipped with two separate water meters and two electrical meters, allowing for efficient management and future flexibility. With multifamily zoning in place allowing you to build more units. This is a prime opportunity for investors and developers looking to capitalize on a high-demand rental corridor. The lot accommodates approximately 9–10 parking spaces, adding significant value for future multifamily development .Positioned near the University of Miami, Coral Gables, and major transit routes, this location consistently drives strong rental demand. Whether you’re looking to stabilize and increase cash flow or redevelop into a higher-density asset, this is a rare opportunity in one of Miami’s most supply-constrained markets. Need 24 hour notice to show ,
Status:
Pending
Type:
Multi-family
Zoning:
0800
Subdivision:
STORMPROOF SUB
Heating:
Central, Electric
Cooling:
Central Air, Electric
Parking:
10-car
Est. Taxes:
$4,264
Construction
Block
Utilities
Cable Available
Lot Description:
1/4 to 1/2 Acre Lot
Days on Market:
15
Pool:
None
MLS #:
A12010002
Community Info
School Info
Walk Score
Yelp
Listing courtesy of DOUGLAS ELLIMAN 305-695-6060