- MLS® #: A11919512
- 9700 Nw 20th Ave
- Miami, FL 33147-2512
- $749,000
- Income
Investor Special — Quadruplex w/ Immediate Income! Rare opportunity to own a 4-unit income-producing property in Miami's highly sought-after 33125 zip code. Property features a spacious 3BD/2BA main house in front plus 3 rear income-producing units currently generating $2,100/month gross rental income. Unit breakdown: 1/1 with full kitchen rented at $800/mo · 1/1 with kitchenette rented at $650/mo · 1/1 studio-style unit rented at $650/mo. Rents are well below market value — significant upside potential for savvy investor to increase cash flow immediately upon renovation. Main house is owner-occupied and delivered vacant at closing — perfect for owner-occupant to live in front while tenants cover the mortgage! Tremendous value-add opportunity — renovate and significantly increase rents in one of Miami's fastest-growing and most in-demand neighborhoods. Surrounded by new development and rising property values. Minutes from Marlins Park, Downtown Miami, Brickell, Coral Gables, MIA Airport & major highways (I-95, SR-836 Dolphin Expressway). Steps from Little Havana's world-famous restaurants, shops, cafes & culture. Excellent public transit access. Ideal for investors, house hackers, or 1031 exchange buyers. Do not disturb tenants. Sold strictly AS-IS. Do not disturb tenants — 24-hour notice required for all showings. Seller motivated. All offers considered.
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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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