530 Nw 99th St, Miami, FL 33150
- $665,000
- 2,465
- SqFt
- List Price
- $665,000
- Price Change
- ▼ $30,000 1783729488
- MLS
- A12009577
- Complex Name
- 1st Addn To Pinewood Park
- Status
- ACTIVE WITH CONTRACT
- Type
- Multifamily
- Living Area
- 2,465
Property Description
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 a little paint and yard maintenance, 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.
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Additional Information
- Days on Market
- 124
- Style
- Duplex
- #Parking Spaces
- 4
- Year Built
- 1974
- Development Name
- 1st Addn To Pinewood Park
- #Stories
- 1
- Construction Type
- Concrete Block Construction
- Section
- 1
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Listing Courtesy of Compass Florida, LLC, Contact: