UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,668 sqft
Price per Sqft $422
Subdivision Byan Park
MLS Listing ID A12057991
Style Detached,Two Story
Bedrooms 6
Full Baths 4
Half Baths 1
HOA Y/N No
Year Built 1925
Annual Tax Amount $4,603
Tax Year 2025
Lot Size 8,775 Sqft
Property Sub-Type Single Family Residence
Property Description
Unique income-producing property configured as **three separate units**, offering excellent flexibility for investors or owner-occupants. The main residence is divided into two spacious units, plus a detached studio.
**Unit 1** features 3 bedrooms and 2 bathrooms, a primary bedroom, living room, dining area, and kitchen. This unit currently generates **$3,600 per month** in rental income.
**Unit 2** features 3 bedrooms and 2.5 bathrooms, along with a family room, living room, dining area, and kitchen. This unit currently generates **$4,000 per month** in rental income. Both larger units have their **own separate laundry facilities** for added convenience and privacy.
The property also includes a **detached studio** featuring 1 bedroom, 1 bathroom, and a small kitchenette. The studio currently generates **$1,200 per month** in rental income.
**Total current rental income: $8,800 per month, or $105,600 annually.**
Plenty of parking adds to the property's appeal. Located in a desirable and convenient area with easy access to **Brickell, Coconut Grove, Coral Gables, Downtown Miami, Wynwood, and major highways**, making it convenient for residents and commuters alike.
A great opportunity for investors seeking multiple income streams or an owner-occupant looking to live in one unit while generating rental income from the others.
**Seller is motivated—bring your offers!**
Location
State FL
County Miami-dade
Community Byan Park
Area 41
Zoning 0100
Interior
Interior Features Bedroom on Main Level, Convertible Bedroom, Dining Area, Separate/Formal Dining Room, French Door(s)/Atrium Door(s), First Floor Entry, Garden Tub/Roman Tub, Kitchen Island, Main Level Primary, Pantry, Split Bedrooms, Walk-In Closet(s)
Heating Electric
Cooling Central Air
Flooring Ceramic Tile, Laminate
Appliance Some Gas Appliances, Electric Water Heater, Gas Range, Refrigerator
Exterior
Exterior Feature Balcony, Fence, Patio, Shed, Storm/Security Shutters
Pool In Ground, Pool
View Garden
Roof Type Barrel,Flat
Porch Balcony, Open, Patio
Garage No
Building
Lot Description < 1/4 Acre
Faces North
Story 2
Sewer Public Sewer
Water Public, Well
Architectural Style Detached, Two Story
Level or Stories Two
Additional Building Garage Apartment, Shed(s)
Structure Type Block
Schools
Elementary Schools Shenandoah
Middle Schools Shenandoah
High Schools Miami Senior
Others
Senior Community No
Restrictions No Restrictions
Tax ID 01-41-10-014-1800
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Listed As-Is
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12057991
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Israel Montero
Real Estate Professional | License ID: 3402532
Real Estate Professional License ID: 3402532