For Sale
$995,000

1278 9Th AveFlorida City, FL 33034

New Construction Duplex, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This stunning 2-story, 2023-built duplex in Florida City, FL (33034, 1278 NW 9th Ave) presents a compelling investment opportunity. Boasting a current gross monthly income of $6800 (easily increased to $7600 upon lease renewal in September 2024), this property offers a projected cap rate of approximately 7.5%. The duplex features two 5-bedroom, 2-bathroom units, each equipped with a modern kitchen showcasing granite countertops. Built with durability and low maintenance in mind, the property includes impact windows and doors, a metal roof, and tile flooring throughout. The second floor is constructed of solid concrete, providing additional strength and longevity. This multifamily property is located in Miami-Dade County and represents a rare chance to acquire a newly constructed, high-performing asset in a growing market. The property's modern design and high-quality construction ensure long-term value and strong rental demand. Don't miss this chance to add a profitable asset to your portfolio. Asking price: $995,000.

Highlights

  • Newly constructed (2023) duplex in Florida City, FL.
  • $995,000 asking price, projecting a 7.5% cap rate.
  • Two 5-bedroom, 2-bathroom units with granite countertops.
  • Current gross monthly income of $6,800, projected to increase to $7,600.
  • Durable construction featuring impact windows/doors, metal roof, and tile flooring; second floor is solid concrete.

Property Details for 1278 9Th Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
2023
Stories
2

Location Insight

City
Florida City
County
Miami-Dade
State
Florida
Latitude
25.460291
Longitude
-80.491179
1278 9Th Ave, Florida City, Florida

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1278 9Th Ave
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