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211 NW 48th Pl Miami, FL 33126
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Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,092 sqft
Price per Sqft $250
Subdivision Pinehurst Villa 2Nd Addn
MLS Listing ID A10991895
Sold Date 05/14/21
Construction Status Unknown
HOA Y/N No
Year Built 1971
Annual Tax Amount $7,168
Tax Year 2020
Contingent No Contingencies
Property Description
Currently producing $34,200 in income/year, current tenants on a the 3/2 is on month-to-month and the 2/1.5 expires in May 2021. Property can produce up to 42,000 a year with rents at current market prices. Property can produce as an AirBNB investment while you live in one unit and the other can produce up to 20k to 25k per year based on other property projections in the area. The home has remodel kitchens, hurricane shutters, both units have W/D, Original structure, no illegal additions, 12-year-old roof, all tiled. Each unit has a small backyard, all fenced. Parking for 6 cars, central a/c units, separate electricity and water meters. 7 minutes to coral gables/miracle mile and 5 minutes to Miami international Airport. Quiet neighborhood.
Location
State FL
County Miami-dade County
Community Pinehurst Villa 2Nd Addn
Area 41
Direction Use Waze /GPS
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 6
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Construction Status Unknown
Others
Tax ID 01-41-06-022-0190
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
Financing FHA
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Bought with London Foster Realty