650 SW 44th Ct, Miami, FL 33134 — MLS photo

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650 SW 44th Ct, Miami, FL 33134

Active · Duplex

$1,600,000

650 SW 44th Ct, Miami, FL 33134

Beds
—
Baths
0
Living area
2,073 sq ft
$ / sq ft
$772/sq ft
Year built
1953
Lot size
—
HOA fee
—
Annual tax
—

About this property

ATTENTION INVESTORS! Wonderful centrally located duplex with an additional 1/1 unit. Close to the touristic area of SW 8th Street. Ideally located with convenient access to entertainment areas and shopping, and dining. Corner lot and substantially remodeled in 2013. Large, fenced yard with plenty of space to build on. Plenty of opportunities to increase revenue streams. Metal roof, tiles, a/c, appliances, moldings, and painted throughout; fully occupied, long-term tenant wants to stay. Please do not disturb the tenants under any circumstances. By scheduled appointment only.

Property location

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650 SW 44th Ct, Miami, FL 33134

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Facts & features

Interior

Bathrooms
0
Living area
2,073 sq ft

Exterior & Structure

Property type
Duplex
Year built
1953

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11928657
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

-$3,734

Cap rate
2.9%
Net yield
2.9%
Cash-on-cash return
-10.0%
Gross yield
6.1%
Mortgage payment
$7,585/mo
Down payment
$400,000
Loan amount
$1,200,000
Annual NOI
$46,215

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