FOR SALE

1352 14th St

Miami-dade, Third Westmoreland Addn, Miami, FL

Asking

$1,050,000

BTC

13.485

ETH

457.76

Home Size
3,538 sq. ft.
Year Built
1925
Turn-key income-producing fourplex in the highly sought-after Coral Way neighborhood of Miami. Strong rental demand supports this stabilized investment comprised of two separate structures with individual meters. Currently configured as four units: three 2-bedroom/1-bath apartments in the main structure and a separate 2-bedroom/1-bath cottage-style unit at the rear of the property, offering added privacy and tenant appeal. Units have been renovated and updated over recent years, including new stainless steel appliances, updated kitchens and bathrooms, new flooring, fresh interior paint, and select A/C replacements. On-site, owner-controlled coin-operated laundry provides additional ancillary income. Property generates approximately $102,000 in gross annual income with stable in-place tenancy and defined lease rollovers. Ideal opportunity for an investor seeking immediate cash flow or an owner-occupant looking to live in one unit while offsetting expenses with rental income from the others. Centrally located minutes from Brickell, Downtown Miami, and Coconut Grove. Call for further details. All information contained herein is deemed reliable but not guaranteed. Buyer and Buyer’s agents are solely responsible for independently verifying all information, including financials, leases, and property condition, before purchase.

LOADING

Location

Market Area
Miami-Dade
Neighborhood
THIRD WESTMORELAND ADDN

Agent

Susanna Santoro

+1 310 910 1722

Contact Email

[email protected]