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
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