For Sale
$725,000

18502 23Rd CtMiami Gardens, FL 33056

High-Yield Multifamily Property in Miami Gardens

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1-story, 4-plex apartment building in Miami Gardens, Florida, presents a compelling investment opportunity. Built in 1960 and located at 18502 NW 23rd Ct, Miami Gardens, FL 33056, this property boasts a strong rental income of $6200 per month. The main unit features three bedrooms and a laundry facility, while the three additional units have been recently updated, featuring modern kitchens and bathrooms designed for tenant appeal. Significant upgrades enhance both efficiency and value, including a new roof, solar panels for reduced energy costs, and water filtration systems to lower utility expenses. Each unit provides residents with the added benefit of a private fenced-in yard, offering privacy and security. This property is situated in the vibrant Miami Gardens real estate market, promising both immediate returns and substantial long-term growth potential. The property is classified as a Multifamily, Apartment Building, Duplex/Triplex/Quadruplex. This is a turnkey investment ready for a new owner. The asking price is $725,000.

Highlights

  • Turnkey 4-plex apartment building in Miami Gardens, FL.
  • Strong monthly rental income of $6,200.
  • Recently updated units with modern kitchens and bathrooms.
  • Significant upgrades including new roof, solar panels, and water filtration systems.
  • Each unit features a private fenced yard.
  • Asking price: $725,000.

Property Details for 18502 23Rd Ct

Property type
Apartment buildings, Small apartment buildings
Year Built
1960
Stories
1

Location Insight

City
Miami Gardens
County
Miami-Dade
State
Florida
Latitude
25.9430344
Longitude
-80.2408124
18502 23Rd Ct, Miami Gardens, Florida

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18502 23Rd Ct
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