,Detached, Triplex, Lynnwood for Sale

for Sale

Price $1,000,000.00

• Lot size 1812
• Year Build 1945
• Waterfront
• Zip 33134
• Style Detached
• Parking Description
• Pool Yes
• Status Pending

Description

Turn-Key Investment in Prime Location! This beautifully remodeled corner lot property is in a family-friendly neighborhood near Coral Gables and minutes from the airport. Currently set up as three units: a 1-bed/1-bath, 2-bed/1-bath, and 1-bed/1-bath, it offers great flexibility for investors or homeowners. With the potential to generate $7,500 per month in long-term rental, this is a rare opportunity. Live in one unit, rent the other two, or lease all three for max cash flow?this turn-key property is ready to go, boasting an impressive 9% cap rate. Enjoy the walkable, family-friendly neighborhood close to parks, schools, shopping, and dining. This is the perfect high-income generating asset in a sought-after community. Don?t miss out!

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=

LYNNWOOD PB 43-66 LOT 1 BLK 2 LOT SIZE 64.720 X 106 OR 10087 1147 0678 1

Less Than 1/4 Acre Lot

Turn-Key Investment in Prime Location! This beautifully remodeled corner lot property is in a family-friendly neighborhood near Coral Gables and minutes from the airport. Currently set up as three units: a 1-bed/1-bath, 2-bed/1-bath, and 1-bed/1-bath, it offers great flexibility for investors or homeowners. With the potential to generate $7,500 per month in long-term rental, this is a rare opportunity. Live in one unit, rent the other two, or lease all three for max cash flow?this turn-key property is ready to go, boasting an impressive 9% cap rate. Enjoy the walkable, family-friendly neighborhood close to parks, schools, shopping, and dining. This is the perfect high-income generating asset in a sought-after community. Don?t miss out!

City:Miami,Roof:1:Other,Zoning:0100,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2024,Latitude:25.7668973,Cooling Y N:1,Heating Y N:1,List Price:1000000,Listing Id:A11671618,Longitude:-80.2697201,Mls Status:Pending,Year Built:1945,Living Area:1752,Postal Code:33134,Contingency:No Contingencies,Coordinates:1:25.7668973,Photos Count:34,Building Name:LYNNWOOD,Days On Market:16,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Lynnwood,On Market Date:2024-10-05,Parcel Number:01-41-05-007-0210,Parking Total:3,Property Type:Residential Income,Stories Total:1,M I A M I R E_ Style:Triplex,Off Market Date:2024-10-21,Public Remarks:Turn-Key Investment in Prime Location! This beautifully remodeled corner lot property is in a family-friendly neighborhood near Coral Gables and minutes from the airport. Currently set up as three units: a 1-bed/1-bath, 2-bed/1-bath, and 1-bed/1-bath, it offers great flexibility for investors or homeowners. With the potential to generate $7,500 per month in long-term rental, this is a rare opportunity. Live in one unit, rent the other two, or lease all three for max cash flow?this turn-key property is ready to go, boasting an impressive 9% cap rate. Enjoy the walkable, family-friendly neighborhood close to parks, schools, shopping, and dining. This is the perfect high-income generating asset in a sought-after community. Don?t miss out!,County Or Parish:Miami-Dade County,List Office Name:Formula Realty, LLC,Standard Status:Pending,Living Area Units:Square Feet,Major Change Type:Pending,Postal Code Plus4:1918,Property Sub Type:Triplex,State Or Province:FL,Subdivision Name:LYNNWOOD,Tax Annual Amount:3019,Unparsed Address:4500 SW 5th St, Miami FL 33134,Listing Agreement:Exclusive Agency,Year Built Details:Resale,Building Area Total:1812,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:570.7763,Original List Price:1000000,Public Survey Range:41,I D X Participation Y N:1,Syndication Remarks:Turn-Key Investment in Prime Location! This beautifully remodeled corner lot property is in a family-friendly neighborhood near Coral Gables and minutes from the airport. Currently set up as three units: a 1-bed/1-bath, 2-bed/1-bath, and 1-bed/1-bath, it offers great flexibility for investors or homeowners. With the potential to generate $7,500 per month in long-term rental, this is a rare opportunity. Live in one unit, rent the other two, or lease all three for max cash flow?this turn-key property is ready to go, boasting an impressive 9% cap rate. Enjoy the walkable, family-friendly neighborhood close to parks, schools, shopping, and dining. This is the perfect high-income generating asset in a sought-after community. Don?t miss out!,Listing Contract Date:2024-10-05,Originating System I D:miamire,Public Survey Section:5,Showing Instructions:24 Hour Notice,Call Listing Agent,Street Number Numeric:4500,Tax Legal Description:LYNNWOOD PB 43-66 LOT 1 BLK 2 LOT SIZE 64.720 X 106 OR 10087 1147 0678 1,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:1772,M I A M I R E_ Internet Remarks:Turn-key 3-unit property near CoralGables,generating $7,500+monthly income. Live in 1 unit, rent the others. 9% cap rate,family-friendly,walkable area,Contract Status Change Date:2024-10-21,Number Of Units In Community:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:570.78,