For Sale
$899,000

3564 Franklin AveMiami, FL 33133

Charming Bungalow Duplex, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This charming 1936-built bungalow duplex in Miami's desirable Coconut Grove neighborhood presents a unique investment opportunity. Priced at $899,000, this single-story, two-unit apartment building offers immediate income generation with two separate 1-bedroom, 1-bathroom units currently occupied by long-term tenants. Each unit boasts high ceilings, an open kitchen, and a private tropical backyard, enhancing tenant appeal and rental potential. Modern updates include impact windows and doors, newer appliances, in-unit washer/dryers, PVC plumbing, and energy-efficient mini-split AC systems. Separate electric meters provide efficient utility management. The property's prime location offers easy access to Coconut Grove's vibrant village center, renowned restaurants, highly-rated schools, and picturesque bayfront parks. This is an exceptional opportunity to acquire a well-maintained income-producing property in a highly sought-after area, with the added potential to renovate or expand in the future. The property is conveniently located at 3564 Franklin Ave, Miami, FL 33133, in Miami-Dade County. Please respect the privacy of the current tenants and refrain from disturbing them.

Highlights

  • Charming 1936 bungalow duplex in Coconut Grove, Miami.
  • Priced at $899,000.
  • Two 1-bedroom, 1-bathroom units with long-term tenants providing immediate income.
  • Features include high ceilings, open kitchens, private backyards, impact windows/doors, newer appliances, in-unit laundry, PVC plumbing, and energy-efficient AC.
  • Separate electric meters.
  • Excellent Coconut Grove location near village center, restaurants, schools, and parks.

Property Details for 3564 Franklin Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
1936
Stories
1
Units
2

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.7247358
Longitude
-80.2501246
3564 Franklin Ave, Miami, Florida

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3564 Franklin Ave
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