19 NE 48th St Active Save Request In-Person Tour Request Virtual Tour
Miami,FL 33137
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,224 sqft
Price per Sqft $669
Subdivision Shadowlawn
MLS Listing ID A11897553
Year Built 1926
Annual Tax Amount $16,676
Tax Year 2024
Property Sub-Type Duplex
Property Description
Newly renovated Luxury Duplex in the heart of Miami's Design District—an Investor's Dream in one of the fastest-appreciating zip codes in Miami. This Cash-Flow Property offers 4 separate entrances and a hotel-style connecting door, allowing EASY CONVERSION into 4 income-producing units. One unit is rented for $3,200 (UNDER MARKET VALUE DUE to KICK-OUT CLAUSE); the other is vacant with rental comps of $5,500–$5,750. OVER $250K in UPGRADES including new roof, metal foundation, HVAC, and $35K in tropical landscaping. Steps from Midtown and the Miami Design District. This East Buena Vista gem is located in a rapidly appreciating neighborhood. Potential to MAXIMIZE INCOME with Airbnb ($20,000 - $35,000 PER MONTH) or maintain steady cash flow ($11,000 - $11,500) with long term tenants.
Location
State FL
County Miami-dade
Community Shadowlawn
Area 31
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Other
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Structure Type Block
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11897553