Under Contract
1173 NW 29th St
Miami FL, 33127
$660,000
$416.14 per sqft
Under Contract
1,586 sqft
Multi-family
Built in 1935
Fantastic Find! PERFECT FOR OWNER OCCUPIED OR INVESTOR. this Duplex with Huge Income Potential. Both units are spacious, plus an additional 1/1 studio with parking up to 6 cars. Large private Fenced yards. All the units are occupied by long term tenants. OWNER PAY UTILITIES, UNCLUDING WATER. PROJECTED ANNUAL GROSS INCOME Is around $81,000.00. Annual Expenses includes: Taxes $1,430.00; Insurance $6,700.00; Internet $1,080.00; FPL (2 METERS) APROX $4,716.00; WATER BILL $800.00 TOTALING $14,726.00. PROJECTED NOI $66,274.00 POTENTIAL 8% CAP RATE! GREAT RENTAL POTENTIAL. Property is LOCATED MINUTES to Downtown Miami, Wynwood, Miami District Design. Close to Highway I-95, easy access to Palmetto 826.
A11574836
MLSⓇ ID
April 24, 2024
Listed
May 3, 2024
Updated
Map
1173 NW 29th St
Miami FL, 33127
Interior Features
Total Stories
1
Floor Description
Ceramic Floor, Other
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Exterior Features
Other
Lot Features
Less Than 1/4 Acre Lot
Architectual Style
Detached
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
Santa Clara Sub
Taxes
$1,479
Tax Frequency
Annually
Days on Market
9
Garage
No
Parking Total
6
View
No
County
Miami-Dade County
Pool
No
Zoning
4801
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
5/3/2024 | Under Contract | — |
Listed by: Premium Estates Realty Corp
Listing Contact: 786-326-8843
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated 3:09 PM UTC, 5/3/2024.