10040 NW 8th Ave new Save Request In-Person Tour Request Virtual Tour
Miami,FL 33150
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,119 sqft
Price per Sqft $306
Subdivision West Biscayne
MLS Listing ID A11790039
Construction Status Effective Year Built
HOA Y/N No
Year Built 1949
Annual Tax Amount $10,320
Tax Year 2024
Property Sub-Type Triplex
Property Description
Attention investors! This fully occupied triplex is situated on a 7,500 sq ft. lot and currently generates $4,800/month in rental income, with two units rented at $1,900/month and one at $1,000/month—offering immediate, stable cash flow from day one.
The property is livable and fully rented, but would benefit from repairs and aesthetic upgrades, making it a great value-add opportunity. The lot is currently being used to work on multiple vehicles, which could be cleared to improve curb appeal or expand parking.
There is one electrical and one water meter, with shared utility costs between tenants.
Property is sold as-is. Do not disturb tenants. Drive-by only. Showings available by appointment. Serious inquiries only. Tenant occupied, we need 24 hours in advance to book showings.
Location
State FL
County Miami-dade
Community West Biscayne
Area 31
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Other
Construction Status Effective Year Built
Others
Tax ID 30-31-02-012-0900
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11790039