Value-add duplex investment opportunity in Miami with strong income potential and upside. 530 NW 99th Street features approximately 2,621 SF situated on a 7,350 SF lot with projected rents of approximately $2,900 per unit ($69,600 projected annual gross income). Property requires some deferred maintenance and capital improvements, including a roof replacement, which has been reflected in the asking price and creates an attractive opportunity for investors to increase value through strategic improvements and rent optimization. Yet, property has been updated and does include High Impact windows and doors. Excellent long-term hold opportunity in a strong rental corridor with convenient access to major highways, Downtown Miami, Wynwood, Miami Shores, and key employment centers. Ideal for investors, owner-users, or 1031 exchange buyers seeking stable multifamily demand with upside potential. Do not disturb tenants. Shown by appointment only.
Listed By
Agency Name: Compass Florida, LLC
Agency Phone: 305-697-2904
Shown By
Agency Title: Realty 100
Agency Phone: 954-859-2100
Estimated Payment
$ 2,704.81 per month $1,546.77 Principal & Interest $955.33 Property Tax $202.71 Homeowner's Insurance
530 NW 99th St | MLS# A12009577
This multi-family property located at 530 NW 99th St , Miami, FL 33150 is currently listed for sale with an asking price of $695,000. Search Miami real estate on www.realty100.com today.