FOR SALE

410 47th Ave

Miami-dade, Flagler Grove Estates Ext, Miami, FL

Asking

$2,650,000

BTC

33.628

ETH

1,103.61

Home Size
6,052 sq. ft.
Year Built
1960
Cash-flowing 8-unit property generating $14,000/month plus an additional $300/month from on-site laundry, totaling $171,600 in annual revenue. The unit mix consists of four 2-bedroom/1-bath units and four 1-bedroom/1-bath units. Each unit is separately metered for electricity and features its own central A/C system with both indoor and outdoor components. The roof is only 5 years old, and the 40-year recertification has been recently completed. This is an ideal value-add opportunity for investors, with rents currently below market and all leases on a month-to-month basis. The landlord holds security deposits for all tenants. The property is well-maintained, with clean interiors, strong long-term tenants, and ample parking, including 8 assigned spaces and 2 guest spots. Call for private tour today.

LOADING

Location

Market Area
Miami-Dade
Neighborhood
FLAGLER GROVE ESTATES EXT

Agent

Marc Salvat

+1 310 910 1722

Contact Email

[email protected]