About This Property
Strategically positioned on a prime corner lot, this expansive multi-family property presents a compelling investment opportunity in one of Miami’s centrally located neighborhoods. Offering 3,176 SF of living space on a generous 8,978 SF lot. While some updates could further enhance its value, it has been consistently well maintained, with hurricane accordion shutters, privacy fence with 3 vehicle entrance gates and 2 pedestrian gates. The unit mix is both versatile and attractive to tenants and all units enjoy abundant natural light. The largest residence is a spacious 3/2 unit (split bedroom design) featuring central A/C, private laundry and direct patio access. The well-proportioned 1/1 unit includes central A/C, laundry room and an enclosed private outdoor area - adding desirable living space. Two studio units with private entrances - one notably larger - both have split AC systems and share patio access, creating additional appeal. A standout feature is the ample parking available both on-site and along the perimeter, complemented by convenient outdoor storage. 2 tenants remain (month to month) and may be interested in staying. Property is on a no-flood zone and ideally situated on the edge of Coral Gables and just minutes from Downtown Miami/Brickell area & Coconut Grove, this property is well suited for investors seeking strong rental demand and long-term appreciation. Please do not disturb tenants.
