437 8Th StHomestead, FL 33030

Property Details for 437 8Th St

Year built

1970

Property size (Sq ft)

2,150 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a 1-story, 2,150 square foot duplex located at 437 NW 8th St, Homestead, FL 33030, in Miami-Dade County. Built in 1970, this property boasts a strong rental history, currently generating $3,750 per month in income. The duplex is comprised of two separate units: a 3-bedroom, 1-bathroom unit and a 2-bedroom, 1-bathroom unit. Each unit benefits from independent utilities, including separate water and electric meters, ensuring efficient management and cost allocation. Recent upgrades include newer air conditioning units and a newer shingle roof. The property is situated on a septic system, minimizing ongoing maintenance costs. Conveniently located near major highways, providing easy access to various amenities, including shopping centers, restaurants, parks, and entertainment venues. This property represents a compelling investment opportunity for those seeking a stable, high-yielding asset in a desirable location. The property's strong rental income, coupled with its updated features and prime location, makes it an attractive prospect for discerning investors. This is a turnkey opportunity with existing tenants in place. The property is ready for immediate income generation.

Location Insight

City

Homestead

County

Miami-Dade

State

Florida

Latitude

25.4774

Longitude

-80.4844

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