10040 8th Ave ,Attached, Triplex, West Biscayne for Sale

10040 8th Ave for Sale

Price $650,000.00

• Lot size 2259
• Year Build 1949
• Waterfront
• Zip 33150
• Style Attached
• Parking Description
• Pool Yes
• Status Active

Description

Attention investors! This fully occupied triplex is situated on a 7,500 sq ft. lot and currently generates $4,800/month in rental income, with two units rented at $1,900/month and one at $1,000/month?offering immediate, stable cash flow from day one. The property is livable and fully rented, but would benefit from repairs and aesthetic upgrades, making it a great value-add opportunity. The lot is currently being used to work on multiple vehicles, which could be cleared to improve curb appeal or expand parking. There is one electrical and one water meter, with shared utility costs between tenants. Property is sold as-is. Do not disturb tenants. Drive-by only. Showings available by appointment. Serious inquiries only. Tenant occupied, we need 24 hours in advance to?book?showings.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11790039 Tenant occupied, we need 24 hours in advance to?book?showings. Serious inquiries only. Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified. Broker and seller make no warranties or representations regarding the accuracy or completeness of the information. Subject to errors, omissions, and change without notice.

WEST BISCAYNE PB 7-58 S1/2 LOT 1 & S1/2 LOT 2 BLK 6 LOT SIZE 75.000 X 100 OR 13137-151 1286 1

Less Than 1/4 Acre Lot

Attention investors! This fully occupied triplex is situated on a 7,500 sq ft. lot and currently generates $4,800/month in rental income, with two units rented at $1,900/month and one at $1,000/month?offering immediate, stable cash flow from day one. The property is livable and fully rented, but would benefit from repairs and aesthetic upgrades, making it a great value-add opportunity. The lot is currently being used to work on multiple vehicles, which could be cleared to improve curb appeal or expand parking. There is one electrical and one water meter, with shared utility costs between tenants. Property is sold as-is. Do not disturb tenants. Drive-by only. Showings available by appointment. Serious inquiries only. Tenant occupied, we need 24 hours in advance to?book?showings.

City:Miami,Zoning:5700,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2024,Latitude:25.8668695,Cooling Y N:1,Heating Y N:1,List Price:650000,Listing Id:A11790039,Longitude:-80.2120226,Mls Status:Active,Year Built:1949,Inclusions:None,Living Area:2119,Postal Code:33150,Street Name:8th Ave,Coordinates:1:25.8668695,Photos Count:16,Building Name:WEST BISCAYNE,Days On Market:19,Listing Terms:1:Conventional,2:FHA,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:West Biscayne,On Market Date:2025-04-24,Parcel Number:30-31-02-012-0900,Parking Total:6,Property Type:Residential Income,Stories Total:1,Street Number:10040,M I A M I R E_ Style:Triplex,Public Remarks:Attention investors! This fully occupied triplex is situated on a 7,500 sq ft. lot and currently generates $4,800/month in rental income, with two units rented at $1,900/month and one at $1,000/month?offering immediate, stable cash flow from day one. The property is livable and fully rented, but would benefit from repairs and aesthetic upgrades, making it a great value-add opportunity. The lot is currently being used to work on multiple vehicles, which could be cleared to improve curb appeal or expand parking. There is one electrical and one water meter, with shared utility costs between tenants. Property is sold as-is. Do not disturb tenants. Drive-by only. Showings available by appointment. Serious inquiries only. Tenant occupied, we need 24 hours in advance to?book?showings.,County Or Parish:Miami-Dade County,List Office Name:PropertyDeco,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:1309,Property Sub Type:Triplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:WEST BISCAYNE,Tax Annual Amount:10320,Unparsed Address:10040 NW 8th Ave, Miami FL 33150,Listing Agreement:Exclusive Right To Sell,Year Built Details:Effective Year Built,Building Area Total:2259,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:306.7485,Original List Price:650000,Public Survey Range:31,I D X Participation Y N:1,Number Of Units Total:3,Syndication Remarks:Attention investors! This fully occupied triplex is situated on a 7,500 sq ft. lot and currently generates $4,800/month in rental income, with two units rented at $1,900/month and one at $1,000/month?offering immediate, stable cash flow from day one. The property is livable and fully rented, but would benefit from repairs and aesthetic upgrades, making it a great value-add opportunity. The lot is currently being used to work on multiple vehicles, which could be cleared to improve curb appeal or expand parking. There is one electrical and one water meter, with shared utility costs between tenants. Property is sold as-is. Do not disturb tenants. Drive-by only. Showings available by appointment. Serious inquiries only. Tenant occupied, we need 24 hours in advance to?book?showings.,Listing Contract Date:2025-04-24,Originating System I D:miamire,Public Survey Section:2,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Street Number Numeric:10040,Tax Legal Description:WEST BISCAYNE PB 7-58 S1/2 LOT 1 & S1/2 LOT 2 BLK 6 LOT SIZE 75.000 X 100 OR 13137-151 1286 1,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:1158,M I A M I R E_ Internet Remarks:Fully rented triplex is generating $4800 with all three units on a month-to-month basis. Drive-by only. Do not disturb tenants. Sold as-is.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-04-24,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:With Written Broker Approval,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:306.75,Internet Automated Valuation Display Y N:1,