Exceptional investment opportunity in Miami's rapidly growing Allapattah neighborhood. This duplex offers immediate income with one unit already leased at $2,800 per month, while the second unit is vacant and ready for an owner-occupant or a new tenant at current market rates. Ideal for investors seeking cash flow or buyers looking to offset their mortgage with rental income. Perfectly positioned just minutes from Wynwood, the Miami Design District, Downtown Miami, Brickell, Miami International Airport, Jackson Memorial Hospital, and major expressways, the property benefits from one of Miami's most centrally located neighborhoods. Allapattah has become one of the city's fastest-evolving communities, attracting new investment, restaurants, museums, and cultural attractions while maintaining excellent access to employment centers and public transportation. Whether you're expanding your investment portfolio or looking for a property with immediate income and long-term appreciation potential, this duplex delivers location, flexibility, and value.
| MLS # | A12054551 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1937 |
| Days On Site | 51 |
| Listing Provided By | Cohen & Roth, LLC | Reinaldo Delgado |
| SQ Feet | 1,818 |
|---|---|
| Story(s) | 1 |
| Zoning | 5100 |
| Lot Features | Less Than Quarter Acre |
|---|
| Tax Annual Amount | 8712 |
|---|
| Community Features | Laundry Facilities |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33142 |
| Area | 31 |
| Community Name | MELROSE HEIGHTS 5TH SEC |
| Listing VS Median (in MELROSE HEIGHTS 5TH SEC) | |
Price: $770,000 low | high Med: $386,450 sqft: 1,818 low | high Med: 1,459 $ / sqft: $424 low | high Med: $213 On site: 51 low | high Med: 341.5 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33142 |
| Area | 31 |
| Community Name | MELROSE HEIGHTS 5TH SEC |
| Listing VS Median (in MELROSE HEIGHTS 5TH SEC) | |
Price: $770,000 low | high Med: $386,450 sqft: 1,818 low | high Med: 1,459 $ / sqft: $424 low | high Med: $213 On site: 51 low | high Med: 341.5 | |