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(305) 775-2514
Real Estate Company
440-442 Sw 81st Ave, Miami, FL 33144
- $1,575,000
- 4,436
- SqFt
- List Price
- $1,575,000
- MLS
- A12053802
- Complex Name
- Flagami 3rd Addn
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 4,436
Property Description
Rare opportunity to acquire an exceptionally spacious, income-producing multifamily property in a highly desirable central Miami location. Offered at $1,575,000, 440-442 SW 81 Avenue features approximately 4,436 square feet of living area situated on an impressive 12,197-square-foot lot. The property's substantial building footprint and oversized grounds distinguish it from typical duplex and small multifamily properties throughout Miami-Dade County. Currently configured as two 3-bedroom, 2-bath residences with a rental value of $3,750 per month each, plus a 1-bedroom, 1-bath apartment with a rental value of $1,500 per month. The current occupancy arrangement reflects a combined monthly rental value of $9,000, equivalent to $108,000 in annual gross rental potential, with opportunities for further income growth. An exceptional opportunity for investors seeking income potential, versatility and long-term appreciation.
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Additional Information
- Days on Market
- 124
- Style
- Duplex
- Exterior Features
- Fruit Trees, Open Balcony, Room For Pool
- Water Access
- 0 to 20 Ft Boat
- #Parking Spaces
- 8
- Year Built
- 1955
- Development Name
- Flagami 3rd Addn
- #Stories
- 2
- Construction Type
- Concrete Block Construction
- Section
- 3
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Listing Courtesy of Homes Depot USA R.E. Inc., Contact: