220-222 48th Ct ,Old Spanish, Duplex, 3rd Addn To Pinehurst Vil for Sale

220-222 48th Ct for Sale

Price $1,145,000.00

• Lot size 5576
• Year Build 1955
• Waterfront
• Zip 33126
• Style Old Spanish
• Parking Description
• Pool Yes
• Status Active With Contract

Description

Incredible Miami Duplex with Prime Location and excellent potential- Quick reposition to 8.5% Cap. The property has 9 bedrooms and 7.5 Bathrooms and is well maintained with long term quality Tenants. Welcome to this remarkable duplex, strategically positioned near the airport in Miami, offering unparalleled convenience and an exceptional investment opportunity. With its proximity to transportation hubs, shopping destinations, and recreational facilities, this property is perfectly suited for those seeking both convenience and long-term returns. (It has a non-conforming use with 5 units)

INCOME RENT: Unit 1 3 beds- 2 baths $2,725.00 |Unit 2 1 beds -1 baths $1,175.00 |Unit 3 0 beds -1 baths $750.00 |Unit 4 4 beds -3 baths $2,775.00 | Unit 5 0 beds- 1 baths $900.00 |Total monthly income $8,325 |Total Annual Income $99,900. EXPENSES Annual: FPL $5,076 |MDWS $4,740 | Waste - Maintenance and Repairs: $1,200 |Lawn $3,000 | Real Estate Taxes $12,440 |Insurance Est $6,300. Total Expenses $32,765

3RD ADDN TO PINEHURST VILLA LOT 45 LESS E5FT & E37.5FT OF LOT 22 PB 6-157 PB 6-169 LOT SIZE 50.000 X 181 OR 20290-4777 03/2002 4

Less Than 1/4 Acre Lot

Incredible Miami Duplex with Prime Location and excellent potential- Quick reposition to 8.5% Cap. The property has 9 bedrooms and 7.5 Bathrooms and is well maintained with long term quality Tenants. Welcome to this remarkable duplex, strategically positioned near the airport in Miami, offering unparalleled convenience and an exceptional investment opportunity. With its proximity to transportation hubs, shopping destinations, and recreational facilities, this property is perfectly suited for those seeking both convenience and long-term returns. (It has a non-conforming use with 5 units)

City:Miami,Zoning:5700,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2022,Latitude:25.773946,Cooling Y N:1,Heating Y N:1,List Price:1145000,Listing Id:A11405854,Longitude:-80.274656,Mls Status:Active With Contract,Year Built:1955,Living Area:5487,Postal Code:33126,Street Name:48th Ct,Coordinates:1:25.773946,Photos Count:21,Building Name:3RD ADDN TO PINEHURST VIL,Days On Market:24,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M L S Area Major:3rd Addn To Pinehurst Vil,On Market Date:2023-06-20,Parcel Number:01-41-06-019-0400,Parking Total:8,Property Type:Residential Income,Stories Total:2,Street Number:220-222,M I A M I R E_ Style:Duplex,Public Remarks:Incredible Miami Duplex with Prime Location and excellent potential- Quick reposition to 8.5% Cap. The property has 9 bedrooms and 7.5 Bathrooms and is well maintained with long term quality Tenants. Welcome to this remarkable duplex, strategically positioned near the airport in Miami, offering unparalleled convenience and an exceptional investment opportunity. With its proximity to transportation hubs, shopping destinations, and recreational facilities, this property is perfectly suited for those seeking both convenience and long-term returns. (It has a non-conforming use with 5 units),County Or Parish:Miami-Dade County,Expiration Date:2023-12-31,List Office Name:Cervera Real Estate Inc.,Private Remarks:INCOME RENT: Unit 1 3 beds- 2 baths $2,725.00 |Unit 2 1 beds -1 baths $1,175.00 |Unit 3 0 beds -1 baths $750.00 |Unit 4 4 beds -3 baths $2,775.00 | Unit 5 0 beds- 1 baths $900.00 |Total monthly income $8,325 |Total Annual Income $99,900. EXPENSES Annual: FPL $5,076 |MDWS $4,740 | Waste - Maintenance and Repairs: $1,200 |Lawn $3,000 | Real Estate Taxes $12,440 |Insurance Est $6,300. Total Expenses $32,765,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:5118,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:3RD ADDN TO PINEHURST VIL,Tax Annual Amount:12968,Unparsed Address:220-222 NW 48th Ct, Miami FL 33126,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:5576,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:208.6751,Original List Price:1225000,Previous List Price:1225000,Public Survey Range:41,I D X Participation Y N:1,Number Of Units Total:5,Syndication Remarks:Incredible Miami Duplex with Prime Location and excellent potential- Quick reposition to 8.5% Cap. The property has 9 bedrooms and 7.5 Bathrooms and is well maintained with long term quality Tenants. Welcome to this remarkable duplex, strategically positioned near the airport in Miami, offering unparalleled convenience and an exceptional investment opportunity. With its proximity to transportation hubs, shopping destinations, and recreational facilities, this property is perfectly suited for those seeking both convenience and long-term returns. (It has a non-conforming use with 5 units),Listing Contract Date:2023-06-20,Originating System I D:miamire,Public Survey Section:6,Showing Instructions:Call Listing Agent,Street Number Numeric:220,Tax Legal Description:3RD ADDN TO PINEHURST VILLA LOT 45 LESS E5FT & E37.5FT OF LOT 22 PB 6-157 PB 6-169 LOT SIZE 50.000 X 181 OR 20290-4777 03/2002 4,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3.0%,M I A M I R E_ Adjusted Area S F:2806,Contract Status Change Date:2023-06-20,Internet Address Display Y N:1,Number Of Units In Community:4,Transaction Broker Compensation:3.0%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:208.68,