Interior
- Bathrooms
- 0
- Living area
- 1,492 sq ft
- Flooring
- Hardwood, Tile, Wood
- Cooling
- Electric
- Heating
- Electric
Active · Duplex
$1,790,000
3210 E Elizabeth St, Miami, FL 33133
- Beds
- —
- Baths
- 0
- Living area
- 1,492 sq ft
- $ / sq ft
- $1,200/sq ft
- Year built
- 1948
- Lot size
- —
- HOA fee
- —
- Annual tax
- $14,098
About this property
Rare development opportunity in the heart of Coconut Grove! Fully leased, income-producing duplex on a 6,000 SF duplex-zoned lot with two excellent tenants in place. Ideal for new construction, build two luxury townhomes (approx. 1,845 SF each, 3 bed / 3 bath). Estimated hard cost is $200/SF, with a projected all-in cost of $1.3M per townhome. Resale comps in the $1.6M+ range offer strong upside for developers. Utilities at street. Lot may be split, buyer to verify with city. Prime location near parks, shops, schools, and dining. Drive-by only; do not disturb tenants. Showings will be scheduled for serious buyers only. Conceptual plans available for illustration purposes only.
Property location
Get Directions3210 E Elizabeth St, Miami, FL 33133
Loading property location…
Facts & features
Exterior & Structure
- Property type
- Duplex
- Year built
- 1948
- Roof
- Other
- Construction
- CBSConcrete Block Structure, Block
- Pool
- None
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Annual tax
- $14,098
- Subdivision
- FROW HOMESTEAD
- County
- Miami-Dade
- Days on market
- 461
- MLS listing ID
- A11839361
- Listing status
- Active
Virtual tour
Explore 3D / Virtual TourInvestment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$3,857
- Cap rate
- 3.1%
- Net yield
- 3.1%
- Cash-on-cash return
- -9.2%
- Gross yield
- 5.1%
- Mortgage payment
- $8,486/mo
- Down payment
- $447,500
- Loan amount
- $1,342,500
- Annual NOI
- $55,538
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.