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$1,195,000

3040 NW 93rd St, Miami FL 33147

Miami, FL 33147

High Pines

9

Bedrooms

6

Bathrooms

4,339

Sq Ft

1925

Year Built

About This Property

9 BEDROOMS 6 BATHROOMS 5 UNITS PRIME INCOME PROPERTY

Exceptional investment opportunity delivering immediate cash flow. This expansive 4,339 SF multifamily property sits on a 13,044 SF lot and features 5 income producing units under one folio. The layout includes a spacious 3 bedroom main residence, two 2 bedroom units, and two 1 bedroom units, making it ideal for an owner occupant or full rental investment.

Zoned for up to 9 units, offering strong future development and value add potential. The oversized lot provides ample space for additional construction and on site parking. All units are currently rented month to month, allowing flexibility to increase rents or reposition the property.

Projected rental income when fully rented is $12,000 per month. This includes two renovated 1 bedroom units at $2,000 each, 2 bedroom units ranging from $2,000 to $2,500, a 3 bedroom unit at $3,000, and a trailer at $700.

Strong income potential from day one with room to grow.

Property Details

Property Type Residential
Status Active
Lot Size 13,044 sq ft
Days on Market 38
MLS # fd1906748b3b5259b14d7aaee26ee5fa