1278 9Th AveFlorida City, FL 33034

Property Details for 1278 9Th Ave

Year built

2023

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

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.

Location Insight

City

Florida City

County

Miami-Dade

State

Florida

Latitude

25.4603

Longitude

-80.4912

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