296 39th St,Attached, Duplex, Bay Vista Park

296 39th St, Miami, Florida, 33127

Price $649,000.00

  • Lot size 1944
  • Year Build 1970
  • Waterfront
  • Zip 33127
  • Style Attached
  • Parking Description
  • Pool Yes
  • Status Active

Description

Amazing Income producing duplex. Estimated cap rate of 6% with regular market rent. Currently operating as short-term rental with 8% cap rate. Each unit with 2 large bedrooms and 2 full baths, open kitchens recently renovated, Spac living room, and off-street parking. Each unit w. new appls, AC units, and W/D. Great investment property with excellent tenant. Separate meters. Property is Centrally located in one of the fastest-growing parts of Miami, within walking distance to the Miami Design District, Midtown and Wynwood Art District, and a quick ride to South Beach, downtown Miami, and Brickell. Quick access to I-95 and 195. Both sides are in excellent conditions, Great for long/short term rentals, or to live in yourself! Great opportunity in an area experiencing massive new development.

FOR SHOWINGS Text LA (786) 515-3627 Appointment only. Tenant Occupied. Please submit your offer with proof of funds, D.U. Approved.

BAY VISTA PARK PB 5-47 W1/2 OF LOTS 11 & 12 BLK 39 LOT SIZE 50.000 X 100 OR 20624-3674 08 2002 1 COC 22537-3456 06 2004 4

Less Than 1/4 Acre Lot

Amazing Income producing duplex. Estimated cap rate of 6% with regular market rent. Currently operating as short-term rental with 8% cap rate. Each unit with 2 large bedrooms and 2 full baths, open kitchens recently renovated, Spac living room, and off-street parking. Each unit w. new appls, AC units, and W/D. Great investment property with excellent tenant. Separate meters. Property is Centrally located in one of the fastest-growing parts of Miami, within walking distance to the Miami Design District, Midtown and Wynwood Art District, and a quick ride to South Beach, downtown Miami, and Brickell. Quick access to I-95 and 195. Both sides are in excellent conditions, Great for long/short term rentals, or to live in yourself! Great opportunity in an area experiencing massive new development.

City:Miami,Zoning:5700,List A O R:A-Miami Association of REALTORS,Tax Year:2019,Latitude:25.8122529,Malone Id:1067816408,Cooling Y N:1,Heating Y N:1,List Price:649000,Listing Id:A10958543,Longitude:-80.201303,Mls Status:Active,Year Built:1970,Living Area:1800,Postal Code:33127,Street Name:39th St,Coordinates:1:25.8122529,Photos Count:25,Building Name:BAY VISTA PARK,Days On Market:78,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M L S Area Major:Bay Vista Park,On Market Date:2020-11-17,Parcel Number:01-31-24-002-0870,Parking Total:2,Property Type:Residential Income,Stories Total:1,Street Number:296,M I A M I R E_ Style:Duplex,Public Remarks:Amazing Income producing duplex. Estimated cap rate of 6% with regular market rent. Currently operating as short-term rental with 8% cap rate. Each unit with 2 large bedrooms and 2 full baths, open kitchens recently renovated, Spac living room, and off-street parking. Each unit w. new appls, AC units, and W/D. Great investment property with excellent tenant. Separate meters. Property is Centrally located in one of the fastest-growing parts of Miami, within walking distance to the Miami Design District, Midtown and Wynwood Art District, and a quick ride to South Beach, downtown Miami, and Brickell. Quick access to I-95 and 195. Both sides are in excellent conditions, Great for long/short term rentals, or to live in yourself! Great opportunity in an area experiencing massive new development.,County Or Parish:Miami-Dade County,Expiration Date:2021-05-12,Private Remarks:FOR SHOWINGS Text LA (786) 515-3627 Appointment only. Tenant Occupied. Please submit your offer with proof of funds, D.U. Approved.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:2929,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:BAY VISTA PARK,Tax Annual Amount:760,Unparsed Address:296 NW 39th St, Miami FL 33127,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Units:Square Feet,Lot Size Square Feet:1944,M I A M I R E_ L P Amt Sq Ft:360.5556,Original List Price:679000,Previous List Price:664000,Public Survey Range:31,I D X Participation Y N:1,Number Of Units Total:2,Syndication Remarks:Amazing Income producing duplex. Estimated cap rate of 6% with regular market rent. Currently operating as short-term rental with 8% cap rate. Each unit with 2 large bedrooms and 2 full baths, open kitchens recently renovated, Spac living room, and off-street parking. Each unit w. new appls, AC units, and W/D. Great investment property with excellent tenant. Separate meters. Property is Centrally located in one of the fastest-growing parts of Miami, within walking distance to the Miami Design District, Midtown and Wynwood Art District, and a quick ride to South Beach, downtown Miami, and Brickell. Quick access to I-95 and 195. Both sides are in excellent conditions, Great for long/short term rentals, or to live in yourself! Great opportunity in an area experiencing massive new development.,Listing Contract Date:2020-11-17,Originating System I D:miamire,Public Survey Section:24,Showing Instructions:Appointment Only,See Broker Remarks,Street Number Numeric:296,Tax Legal Description:BAY VISTA PARK PB 5-47 W1/2 OF LOTS 11 & 12 BLK 39 LOT SIZE 50.000 X 100 OR 20624-3674 08 2002 1 COC 22537-3456 06 2004 4,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,M I A M I R E_ Adjusted Area S F:1836,Contract Status Change Date:2020-11-17,Internet Address Display Y N:1,Number Of Units In Community:2,Transaction Broker Compensation:2%,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:360.56,

  • Price $649,000.00
  • Price Change: 2021-02-03
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1970
  • Waterfront
  • View
  • Pool Yes
  • Style Attached
  • Construction CBS Construction
  • Parking Description
  • Flooring Type Tile
  • Property Type Residential Income
  • Status Active
  • Listed 2021-02-03
  • Days on Market 99
  • Furnished
  • City Miami
  • Zip 33127
  • State Florida
  • Subdivision BAY VISTA PARK
  • Development Name BAY VISTA PARK, Bay Vista Park
  • HOA Fees
  • Taxes 760
  • Taxes Year 2019