Property Description

EXCELLENT INVESTMENT OPPORTUNITY FEATURING A DUPLEX WITH ZONING THAT ALLOWS FOR THE DEVELOPMENT OF UP TO EIGHT UNITS. LOCATED IN A RAPIDLY IMPROVING AREA EXPERIENCING SIGNIFICANT REDEVELOPMENT AND GENTRIFICATION, THIS PROPERTY OFFERS STRONG LONG-TERM UPSIDE FOR BOTH INVESTORS AND OWNER-OCCUPANTS. AS IT STANDS TODAY, THE PROPERTY ALREADY GENERATES ENOUGH RENTAL INCOME TO HELP SUPPORT THE OWNER, MAKING IT AN ATTRACTIVE OPTION FOR IMMEDIATE CASH FLOW WHILE PLANNING FUTURE EXPANSION. ONE OF THE HOMES HAS BEEN COMPLETELY RENOVATED AND IS MOVE-IN READY WITH UPDATED FINISHES THROUGHOUT. THE SECOND HOME IS ALSO IN VERY GOOD CONDITION AND ONLY NEEDS NEW FLOORING TO REACH ITS FULL POTENTIAL. THAT UNIT ALSO FEATURES AN OVERSIZED BACKYARD, CREATING ADDITIONAL VALUE AND PLENTY OF USABLE OUTDOOR SPACE. BOTH RESIDENCES OFFER AMPLE PARKING, A MAJOR ADVANTAGE FOR TENANTS AND FUTURE DEVELOPMENT. WHETHER YOU CHOOSE TO HOLD IT AS AN INCOME-PRODUCING DUPLEX, LIVE IN ONE UNIT AND RENT THE OTHER, OR TAKE ADVANTAGE OF THE ZONING TO BUILD ADDITIONAL UNITS, THIS PROPERTY OFFERS FLEXIBILITY, INCOME, AND EXCEPTIONAL UPSIDE IN A GROWING NEIGHBORHOOD.

Features
Swimming Pool
Heating System
Cooling System
Roof:
Shingle
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33147
Street:
2925 Nw 63rd St, Miami, Florida 33147
Longitude:
W81° 45' 21.8''
Latitude:
N25° 49' 55.6''
MLS Addon
Building Area:
1,706 Sqft
Construction Materials:
Block
Cumulative DOM:
5
DOM:
5
Flooring:
Wood, Hardwood, Terrazzo
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
30-31-16-003-0140
Subdivision Name:
62ND STREET HEIGHTS
Tax Annual Amount:
$9,000
Utilities
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Residential Income For Sale

2925 Nw 63rd St, Miami, Florida 33147, Miami, Florida 33147

1,608 Sqft
$655,000
MLS # #A12058895
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$655,000
Square Footage :
1,608 Sqft
Year Built :
1948
MLS # :
A12058895
Property Sub Type :
Duplex
Agent info
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