530 Northwest 99th Street

Miami FL 33150

2621 sq. ft.

Duplex

Currently for sale - view listing

Overview

Value-add duplex investment opportunity in Miami with strong income potential and upside. 530 NW 99th Street features approximately 2,621 SF situated on a 7,350 SF lot with projected rents of approximately $2,900 per unit ($69,600 projected annual gross income). Property requires a little paint and yard maintenance, which has been reflected in the asking price and creates an attractive opportunity for investors to increase value through strategic improvements and rent optimization. Yet, property has been updated and does include High Impact windows and doors. Excellent long-term hold opportunity in a strong rental corridor with convenient access to major highways, Downtown Miami, Wynwood, Miami Shores, and key employment centers. Ideal for investors, owner-users, or 1031 exchange buyers seeking stable multifamily demand with upside potential. Do not disturb tenants. Shown by appointment only.

Features

2621 sq. ft. floor area

Duplex

Property history for 530 Northwest 99th Street

2021

Sold

$425,000

25 Jan 2021 by Danny Danger, of Beachfront Realty Inc

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