440-442 SW 81st Ave
Miami, FL 33144
MLS# A12053802
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Property Details
Bedrooms
Bathrooms
Square Feet
4,436
Year Built
1955
Property Type
Duplex
Status
Active
Description
Rare opportunity to acquire an exceptionally spacious, income-producing multifamily property in a highly desirable central Miami location. Offered at $1,575,000, 440-442 SW 81 Avenue features approximately 4,436 square feet of living area situated on an impressive 12,197-square-foot lot. The property's substantial building footprint and oversized grounds distinguish it from typical duplex and small multifamily properties throughout Miami-Dade County. Currently configured as two 3-bedroom, 2-bath residences with a rental value of $3,750 per month each, plus a 1-bedroom, 1-bath apartment with a rental value of $1,500 per month. The current occupancy arrangement reflects a combined monthly rental value of $9,000, equivalent to $108,000 in annual gross rental potential, with opportunities for further income growth. An exceptional opportunity for investors seeking income potential, versatility and long-term appreciation.
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