1102 103rd St ,Triplex, 2nd for Sale

1102 103rd St for Sale

Price $888,000.00

• Lot size 2195
• Year Build 1945
• Waterfront
• Zip 33150
• Style Attached, Detached
• Parking Description
• Pool Yes
• Status Active

Description

Almost 10% CAP!! Rare to find! Fully renovated triplex located in the growing Pinewood neighborhood of Miami. This stabilized, income-producing property is generating approximately $7,350 per month in gross rental income. Each unit has been tastefully updated with modern finishes, stainless steel appliances, and stylish bathrooms. Situated on a corner lot within a federally designated Opportunity Zone, this property offers potential tax advantages and strong future appreciation. All units are occupied by long-term tenants, providing immediate and reliable cash flow. Just minutes from major highways, shops, and the city center, this turnkey investment is perfect for both new and seasoned investors.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls= Positive leverage with an 8.5% CAP rate. Stable rental income in place. Seller is only letting go to free up funds for her business.

2ND RESUB N SILVER CREST PB 40-24 LOT 1 BLK 1 LOT SIZE 75.000 X 102 OR 18829-2281 1099 1

Less Than 1/4 Acre Lot

Almost 10% CAP!! Rare to find! Fully renovated triplex located in the growing Pinewood neighborhood of Miami. This stabilized, income-producing property is generating approximately $7,350 per month in gross rental income. Each unit has been tastefully updated with modern finishes, stainless steel appliances, and stylish bathrooms. Situated on a corner lot within a federally designated Opportunity Zone, this property offers potential tax advantages and strong future appreciation. All units are occupied by long-term tenants, providing immediate and reliable cash flow. Just minutes from major highways, shops, and the city center, this turnkey investment is perfect for both new and seasoned investors.

City:Miami,Zoning:5700,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2024,Latitude:25.8686688,Cooling Y N:1,Heating Y N:1,List Price:888000,Listing Id:A11769192,Longitude:-80.2161741,Mls Status:Active,Year Built:1945,Living Area:2005,Postal Code:33150,Street Name:103rd St,Coordinates:1:25.8686688,Photos Count:34,Building Name:2ND,Days On Market:26,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:2nd,On Market Date:2025-03-23,Parcel Number:30-31-02-007-0010,Parking Total:10,Property Type:Residential Income,Stories Total:1,Street Number:1102,M I A M I R E_ Style:Triplex,Public Remarks:Almost 10% CAP!! Rare to find! Fully renovated triplex located in the growing Pinewood neighborhood of Miami. This stabilized, income-producing property is generating approximately $7,350 per month in gross rental income. Each unit has been tastefully updated with modern finishes, stainless steel appliances, and stylish bathrooms. Situated on a corner lot within a federally designated Opportunity Zone, this property offers potential tax advantages and strong future appreciation. All units are occupied by long-term tenants, providing immediate and reliable cash flow. Just minutes from major highways, shops, and the city center, this turnkey investment is perfect for both new and seasoned investors.,County Or Parish:Miami-Dade County,List Office Name:The Keyes Company,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:1038,Property Sub Type:Triplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:2ND,Tax Annual Amount:7964,Unparsed Address:1102 NW 103rd St, Miami FL 33150,Listing Agreement:Exclusive Right To Sell,Year Built Details:Effective Year Built,Building Area Total:2195,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:442.8928,Original List Price:899000,Previous List Price:890000,Public Survey Range:31,Architectural Style:1:Detached,Documents Available:1:Deposit - Last Months Rent,2:Deposit - Security,3:Financial Statement,4:Investment Analysis,5:Copy Of Lease(S),I D X Participation Y N:1,Syndication Remarks:Almost 10% CAP!! Rare to find! Fully renovated triplex located in the growing Pinewood neighborhood of Miami. This stabilized, income-producing property is generating approximately $7,350 per month in gross rental income. Each unit has been tastefully updated with modern finishes, stainless steel appliances, and stylish bathrooms. Situated on a corner lot within a federally designated Opportunity Zone, this property offers potential tax advantages and strong future appreciation. All units are occupied by long-term tenants, providing immediate and reliable cash flow. Just minutes from major highways, shops, and the city center, this turnkey investment is perfect for both new and seasoned investors.,Listing Contract Date:2025-03-23,Originating System I D:miamire,Public Survey Section:2,Showing Instructions:Appointment Only,Street Number Numeric:1102,Tax Legal Description:2ND RESUB N SILVER CREST PB 40-24 LOT 1 BLK 1 LOT SIZE 75.000 X 102 OR 18829-2281 1099 1,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:1912,M I A M I R E_ Internet Remarks:Positive leverage with an 8.5% CAP rate. Stable rental income in place.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-03-23,Internet Address Display Y N:1,Number Of Units In Community:3,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution NOT Required,M I A M I R E_ Attribution Contact:754-300-9481,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:442.89,Internet Automated Valuation Display Y N:1,