8960 2Nd AveEl Portal, FL 33138

Property Details for 8960 2Nd Ave

Year built

1968

Property size (Sq ft)

1,834 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a 1968-built, two-unit apartment building in El Portal, Florida. Boasting 1,834 square feet, this single-story duplex sits on an oversized lot providing ample rear parking. The property benefits from both residential and office zoning, offering significant flexibility for future development. Its prime location on NE 2nd Avenue ensures excellent visibility and easy access to major areas, including Downtown Miami, Miami Shores, Miami Beach, North Bay Village, the Design District, Wynwood, and the UM Jackson Medical Campus. Airports are also conveniently close. Recent updates include central air conditioning, impact windows, and separate laundry facilities for each unit. The property is fully fenced, enhancing security and privacy. The asking price is $1,450,000. This property is ideal for investors seeking a steady rental income stream with the potential for significant future appreciation. Its central location and versatile zoning make it a truly compelling investment opportunity in a thriving Miami-Dade County market. Don't miss this chance to acquire a well-maintained, updated property in a highly desirable area.

Location Insight

City

El Portal

County

Miami-Dade

State

Florida

Latitude

25.8574

Longitude

-80.1934

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