- MLS® #: A11870490
- 3410 Sw 13th Ter
- Miami, FL 33145-1010
- $725,000
- 1,170 SqFt
- Income
Value-add duplex investment opportunity in Miami with strong income potential and upside. 530 NW 99th Street features approximately 2,621 SF situated on a 7,350 SF lot with projected rents of approximately $2,900 per unit ($69,600 projected annual gross income). Property requires some deferred maintenance and capital improvements, including a roof replacement, which has been reflected in the asking price and creates an attractive opportunity for investors to increase value through strategic improvements and rent optimization. Yet, property has been updated and does include High Impact windows and doors. Excellent long-term hold opportunity in a strong rental corridor with convenient access to major highways, Downtown Miami, Wynwood, Miami Shores, and key employment centers. Ideal for investors, owner-users, or 1031 exchange buyers seeking stable multifamily demand with upside potential. Do not disturb tenants. Shown by appointment only.
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Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.
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