Excellent duplex opportunity with 2 spacious units. Each unit features 3 bedrooms, 2 bathrooms, living room, dining area, laundry room, and private patio, approx. 1,490 sq. ft. each. New roof just completed with permits. Rental comps less than 1 mile rent approx. $3,200$4,500 depending on upgrades. Projected post repair rent of $3,800 per unit ($7,600 monthly / $91,200 annually). Based on this income, theestimated gross ROI is approximately 8.3% before expenses. Conservative projections based on basic repairs and stabilization. Enjoy Coral Gables living without the taxes.
Excellent duplex opportunity with 2 spacious units. Each unit features 3 bedrooms, 2 bathrooms, living room, dining area, laundry room, and private patio, approx. 1,490 sq. ft. each. New roof just completed with permits. Rental comps less than 1 mile rent approx. $3,200$4,500 depending on upgrades. Projected post repair rent of $3,800 per unit ($7,600 monthly / $91,200 annually). Based on this income, theestimated gross ROI is approximately 8.3% before expenses. Conservative projections based on basic repairs and stabilization. Enjoy Coral Gables living without the taxes.
Features
Building and Construction
Exterior Features: Balcony
Flooring: Tile
Roof: Composition, Shingle
School Information
High School: Coral Gables
School Elementary: Frances S. Tucker
Utilities
Cooling: Electric
Heating: Separate Meters, Electric
Sewer: Public Sewer
Utilities: Cable Not Available
Finance and Tax Information
Tax Year: 2025
Other Features
Legal Description: AVALON SUB PB 4-140 LOT 5 BLK 2 LOT SIZE 48.600 X 143 OR 14005-3624 0289 1
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