1994 47 TER ,Attached, Duplex, 17 Ave Manor for Sale

1994 47 TER for Sale

Price $900,000.00

• Lot size 2167
• Year Build 1946
• Waterfront
• Zip 33142
• Style Attached
• Parking Description
• Pool Yes
• Status Active

Description

Don't miss out on this incredible opportunity to invest in a property with endless possibilities! This unique listing features two detached structures on a 10,000 sqft LOT, providing privacy for each unit. Front unit boasts a 4/3.5 layout, while back unit offers a cozy 2/1 space. Front unit entirely remodeled! If you rent the 4/3.5 as a 1/1+3/1.5, you have a solid 6% cap b/t the three units (1 bed and bath can easily be separated as an efficiency/ in law quarter)! 2/1 can easily be rented around $2300 (current tenant paying $900). Property also qualifies for AIRBNB, so your cap rate could be even higher! Property has the potential to be split into 2 lots allowing for redevelopment and even more value. Separate electrical and water meters for the 4/3.5 and 2/1 units make billing a breeze.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls= Please use Showing Assist. For any questions, please contact Rolando at 305-803-0894, Call/Text, PLEASE SEND ALL OFFERS VIA EMAIL WITH PROOF OF FUNDS AND DU IF FINANCING.

17TH AVE MANOR PB 18-43 LOT 1 & 2 BLK 10 LOT SIZE 89.060 X 109 OR 21038-0820 0103 1 COC 24698-1664 06 2006 1

Less Than 1/4 Acre Lot

Don't miss out on this incredible opportunity to invest in a property with endless possibilities! This unique listing features two detached structures on a 10,000 sqft LOT, providing privacy for each unit. Front unit boasts a 4/3.5 layout, while back unit offers a cozy 2/1 space. Front unit entirely remodeled! If you rent the 4/3.5 as a 1/1+3/1.5, you have a solid 6% cap b/t the three units (1 bed and bath can easily be separated as an efficiency/ in law quarter)! 2/1 can easily be rented around $2300 (current tenant paying $900). Property also qualifies for AIRBNB, so your cap rate could be even higher! Property has the potential to be split into 2 lots allowing for redevelopment and even more value. Separate electrical and water meters for the 4/3.5 and 2/1 units make billing a breeze.

City:Miami,Roof:1:Shingle,Zoning:5700,Cooling:1:Wall/Window Unit(s),Heating:1:Window/Wall,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Flooring:1:Terrazzo,Latitude:25.8181104,Cooling Y N:1,Heating Y N:1,List Price:900000,Listing Id:A11681510,Longitude:-80.2302797,Mls Status:Active,Year Built:1946,Living Area:2167,Postal Code:33142,Street Name:47 TER,Coordinates:1:25.8181104,Photos Count:22,Building Name:17 AVE MANOR,Days On Market:2,Listing Terms:1:Conventional,2:FHA,3:VA Loan,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:17 Ave Manor,On Market Date:2024-10-23,Parcel Number:30-31-22-014-1830,Parking Total:6,Property Type:Residential Income,Stories Total:1,Street Number:1994,M I A M I R E_ Style:Duplex,Public Remarks:Don't miss out on this incredible opportunity to invest in a property with endless possibilities! This unique listing features two detached structures on a 10,000 sqft LOT, providing privacy for each unit. Front unit boasts a 4/3.5 layout, while back unit offers a cozy 2/1 space. Front unit entirely remodeled! If you rent the 4/3.5 as a 1/1+3/1.5, you have a solid 6% cap b/t the three units (1 bed and bath can easily be separated as an efficiency/ in law quarter)! 2/1 can easily be rented around $2300 (current tenant paying $900). Property also qualifies for AIRBNB, so your cap rate could be even higher! Property has the potential to be split into 2 lots allowing for redevelopment and even more value. Separate electrical and water meters for the 4/3.5 and 2/1 units make billing a breeze.,County Or Parish:Miami-Dade County,List Office Name:Keller Williams Eagle Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4052,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:17 AVE MANOR,Tax Annual Amount:7262,Unparsed Address:1994 NW 47 TER, Miami FL 33142,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:2167,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:415.3207,Original List Price:900000,Public Survey Range:31,I D X Participation Y N:1,Syndication Remarks:Don't miss out on this incredible opportunity to invest in a property with endless possibilities! This unique listing features two detached structures on a 10,000 sqft LOT, providing privacy for each unit. Front unit boasts a 4/3.5 layout, while back unit offers a cozy 2/1 space. Front unit entirely remodeled! If you rent the 4/3.5 as a 1/1+3/1.5, you have a solid 6% cap b/t the three units (1 bed and bath can easily be separated as an efficiency/ in law quarter)! 2/1 can easily be rented around $2300 (current tenant paying $900). Property also qualifies for AIRBNB, so your cap rate could be even higher! Property has the potential to be split into 2 lots allowing for redevelopment and even more value. Separate electrical and water meters for the 4/3.5 and 2/1 units make billing a breeze.,Listing Contract Date:2024-10-23,Originating System I D:miamire,Public Survey Section:22,Showing Instructions:Showing Assist,Street Number Numeric:1994,Tax Legal Description:17TH AVE MANOR PB 18-43 LOT 1 & 2 BLK 10 LOT SIZE 89.060 X 109 OR 21038-0820 0103 1 COC 24698-1664 06 2006 1,Public Survey Township:31,Construction Materials:1:Frame With Stucco,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:1454,M I A M I R E_ Internet Remarks:Investor Special! Detached 4/3.5 + 2/1 Duplex with development potential in the heart of Miami! 4/3.5 can have 1bed and 1 bath separated as efficiency,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-10-23,Internet Address Display Y N:1,Number Of Units In Community:2,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),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:415.32,