$849,995 ($195.90 per sqft)

Est. Mortgage $4,077/mo *

Quick Pre-Approval

3040 NW 93rd St, Miami, FL, 33147

3040 NW 93rd St, Miami, FL, 33147

1925

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 nonconforming units under one folio. The layout includes 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 with two units fully rented, cash flowing $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:

Multi-family

Zoning:

5100

Subdivision:

THE TROPICS AMD

Heating:

Central, Wall Furnace

Cooling:

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

Parking:

8-car

Est. Taxes:

$16,200

Construction

Block

Utilities

Cable Available

Lot Description:

1/4 to 1/2 Acre Lot

Days on Market:

1

Pool:

None

MLS #:

A12039482


Community Info

School Info

Walk Score

Yelp


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