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2974 NW 29th St Miami, FL 33142
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Key Details
Sold Price $690,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,900 sqft
Price per Sqft $363
Subdivision Melrose Heights 3Rd Addn
MLS Listing ID A11494848
Sold Date 01/09/24
Construction Status Effective Year Built
HOA Y/N No
Year Built 1978
Annual Tax Amount $7,100
Tax Year 2022
Contingent No Contingencies
Property Description
Exceptional Duplex opportunity located on 29th Avenue 5 minutes away from Miami International Airport 10 minutes to the beaches using Airport expressway 112, Wynwood, Midtown, Miami Design District and River Landing Shops. Owner occupied and operated for 20 years all tenant's month to month with potential for rental income increases. Perfect for end user or investors each unit has its own washer and dryer and separate meters. Large 6,900 lot size fully fenced with extra-parking space. Operating at a 5.82 cap rate rents below market value leased to family currently. Can collect $5,500 or more in rent Air B and B potential. Contact me for showings. Units are 3/2, 2/2, and 1/1.
Location
State FL
County Miami-dade County
Community Melrose Heights 3Rd Addn
Area 31
Interior
Heating Central
Cooling Ceiling Fan(s)
Flooring Tile, Wood
Exterior
Exterior Feature Fence, Fruit Trees, Outdoor Grill
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 30-31-28-011-0911
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing FHA
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Bought with Miami New Realty
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