Property Description

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.

Features
Swimming Pool
Heating System
Cooling System
Roof:
Shingle
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33150
Street:
530 Nw 99th St, Miami, Florida 33150
Longitude:
W81° 47' 36.6''
Latitude:
N25° 51' 55.6''
MLS Addon
Building Area:
2,621 Sqft
Construction Materials:
Block
Flooring:
Ceramic Tile
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
30-31-01-007-0161
Subdivision Name:
1ST ADDN TO PINEWOOD PARK
Tax Annual Amount:
$11,464
Utilities
Virtual Tour:
Click Here
Window Features:
Impact Glass

Residential Income For Sale

530 Nw 99th St, Miami, Florida 33150, Miami, Florida 33150

2,465 Sqft
$695,000
MLS # #A12009577
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$695,000
Square Footage :
2,465 Sqft
Year Built :
1974
MLS # :
A12009577
Property Sub Type :
Duplex
Agent info
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