NORTH MIAMI DUPLEX WITH DEVELOPMENT UPSIDE

North Miami, FL View Address $650,000 Share Save  
Sale
3 Days on Site | 26 Views
Assigned Contract
NA
#OM-37251
Multi-family
4
2

Description

4 Beds | 2 Baths (2/1 + 2/1) | Duplex

Solid value-add duplex with strong income and major redevelopment potential. One unit is already renovated, while the second unit is near completion—offering immediate upside. Currently generating $2,200/month from a Section 8 tenant, providing stable income from day one.
This property stands out with prior city approval to build up to 30 units, making it a rare opportunity for developers looking to capitalize on density in a growing North Miami corridor. Ideal for investors looking for a hold with cash flow while planning a larger multifamily project, or to finish renovations and increase rents.
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Home Type

Sale
Multi-family

Sale Type

Assigned Contract

Mortgage Calculator

$

10%

1%

5%

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$1421

Monthly Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

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