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296 NW 39th St Miami, FL 33127
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Key Details
Sold Price $620,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $344
Subdivision Bay Vista Park
MLS Listing ID A10958543
Sold Date 05/10/21
Construction Status Resale
HOA Y/N No
Year Built 1970
Annual Tax Amount $760
Tax Year 2019
Property Description
Amazing Income producing duplex. Estimated cap rate of 6% with regular market rent. Currently operating as short-term rental with 8% cap rate. Each unit with 2 large bedrooms and 2 full baths, open kitchens recently renovated, Spac living room, and off-street parking. Each unit w. new appls, AC units, and W/D. Great investment property with excellent tenant. Separate meters. Property is Centrally located in one of the fastest-growing parts of Miami, within walking distance to the Miami Design District, Midtown and Wynwood Art District, and a quick ride to South Beach, downtown Miami, and Brickell. Quick access to I-95 and 195. Both sides are in excellent conditions, Great for long/short term rentals, or to live in yourself! Great opportunity in an area experiencing massive new development.
Location
State FL
County Miami-dade County
Community Bay Vista Park
Area 31
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 2
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 01-31-24-002-0870
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Listed As-Is
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Bought with Real Estate Sales Force