$799,000

5925 Sw 64th St South Miami, Florida

  • 1,144 Sqft
  • Updated: September 12

About the Property

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 2-bedroom, 1-bath unit currently generating $4,000/month, The property features a new roof and updat
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 2-bedroom, 1-bath unit currently generating $4,000/month, 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 910 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 youre looking to stabilize and increase cash flow or redevelop into a higher-density asset, this is a rare opportunity in one of Miamis most supply-constrained markets. Need 24 hour notice to show , Call L/A for more information and showing instructions
  • Property type

    Other

  • Floors

    1

  • Year built

    1947

  • Price/sqft

    $698

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Douglas Elliman - Coral Gables

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Douglas Elliman - Coral Gables
Florida, United States
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106
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2020
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Douglas Elliman - Coral Gables
Coral Gables, Florida, United States
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Last updated
September 12
First listed
Apr 30
Listing reference
A12010002
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