Coral Way Corridor Duplex Investment Opportunity

Sold

3095 SW 21st St

Miami, FL

4 bed

3 bath

1,860 sqft

5,000 sqft lot

Located in one of the fastest growing submarkets in Miami, this property is ideal for cash-flow investment as a duplex or new twin-home development on the 5,000 sqft lot. One of the existing units is a 2-bed and 2-bath unit and the other unit is a 2-bed and 1-bath unit. Both units are independently metered for water and electrical for easy management and each unit has a dedicated washer & dryer. The units are currently vacant allowing for the new owner to capture the current market rent of approximately $1,800 per unit per month. The property has been well-maintained over the years with recent updates to the plumbing, roof, and installation of impact windows. The new owner would require minimal capital investment to bring the duplex units to market for rent.

sold for

$572,500

Property Specialists