Back 2400 Northwest 25th Avenue
Off Market

2400 Northwest 25th Avenue

Miami FL 33142

4188 sq. ft.
Duplex
Last sold for $1,150,000
Alan Medone SparrowAlan Medone Sparrow, last sold this property on 06 June 2023 after 56 days on market.

Overview

Amazing Income Producer! Legal 4plex 2brs 1bths in West Wynwood. Large corner lot with parking.The property is fully occupied (leases are available ) and currently brings in $94,800 in rental income, NET Income of $78,440.Spacious units with balcony. Terrazzo floors. Located near highways. Units rented for $2000. All Units have an independent electric meter, and one water meter for all units. Laundry hookup on side of bldg. Invest in this dynamic area that's experiencing huge economic growth, with rental rates soaring due to sub 2% vacancies. The property is located within minutes of Miami International Airport, the Dolphin Expressway, and Downtown Miami business and financial districts including many top restaurants and shopping.Don't miss out on this incredible opportunity.

Features

4188 sq. ft. floor area
Duplex

Estimated Value

Based on this property and similar duplexes sold in Miami over the last 12 months, the estimated median property value of 2400 Northwest 25th Avenue is $650k.

Median value
$650k
Estimated value range
$315k - $2.33m
Median days on market
45
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Miami. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2400 Northwest 25th Avenue

2023
Sold
$1,150,000
06 Jun 2023 by Alan Medone Sparrow, of Flipex Miami Realty Corp

Happy sellers in Miami

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We have insufficient information to provide an overview of customer satisfaction for Miami. Viewing the agent profiles, reviews and sales for Miami can provide insights for this location.

Local market activity for duplexes in Miami

In the last 12 months, 73 duplexes similar to 2400 Northwest 25th Avenue, have been sold.

This represents a 23% increase in duplexes sales when compared to the previous 12 months.

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