North Miami, FL 33161 — MLS photo

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North Miami, FL 33161

Active · Duplex

$519,900

North Miami, FL 33161

Beds
—
Baths
0
Living area
1,426 sq ft
$ / sq ft
$365/sq ft
Year built
1948
Lot size
—
HOA fee
—
Annual tax
—

About this property

This exciting investment opportunity, located in rapidly-developing North Miami, features twin 2/1 units and an air-conditioned detached storage shed on an 8400 square-foot lot. Centrally-located, this property offers easy access to major highways, close proximity to top-rated schools such as Archcreek Elementary, and a short drive to world-famous tourist destination Miami Beach. Showings are by appointment-only and begin on July 25th.

Property location

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North Miami, FL 33161

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Facts & features

Interior

Bathrooms
0
Living area
1,426 sq ft

Exterior & Structure

Property type
Duplex
Year built
1948

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11843970
Listing status
Active

Investment 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

$6

Cap rate
5.7%
Net yield
5.7%
Cash-on-cash return
0.1%
Gross yield
9.2%
Mortgage payment
$2,465/mo
Down payment
$129,975
Loan amount
$389,925
Annual NOI
$29,651

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.