19 NE 48th St, Miami, FL 33137

 
MLS #: A11897553
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Price: $1,490,000 MLS Number: A11897553  Multi-Family
 Address: 19 NE 48th St, Miami, Florida 33137 USA
 Living Area: 2,224
 
 Total Square Feet: 
 
 Year Built: 1926
 Lot Dimensions: 6206
 
 Community: SHADOWLAWN
 Subdivision: SHADOWLAWN
 
 
 Remarks:
Newly renovated Luxury Duplex in the heart of Miami's Design District—an Investor's Dream in one of the fastest-appreciating zip codes in Miami. This Cash-Flow Property offers 4 separate entrances and a hotel-style connecting door, allowing EASY CONVERSION into 4 income-producing units. One unit is rented for $3,200 (UNDER MARKET VALUE DUE to KICK-OUT CLAUSE); the other is vacant with rental comps of $5,500–$5,750. OVER $250K in UPGRADES including new roof, metal foundation, HVAC, and $35K in tropical landscaping. Steps from Midtown and the Miami Design District. This East Buena Vista gem is located in a rapidly appreciating neighborhood. Potential to MAXIMIZE INCOME with Airbnb ($20,000 - $35,000 PER MONTH) or maintain steady cash flow ($11,000 - $11,500) with long term tenants.
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of The Keyes Company.
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