House for sale | 2830 SW 38th Ave Miami, FL

$699,900 10 bd, 9 ba, 5,330 sqft

Fully Rented 6 Plex in the Heart of Coral Gables! 2830 SW 38th Ave Miami, FL

FOR SALE

5,330 SQFT

10

9

Fully Rented 6 Plex in the Heart of Coral Gables! 2830 SW 38th Ave Miami, FL

Description:

This is non-conforming 6 plex (legally a Duplex). Fully rented. Currently set up as (2) 3/2.5’s and (4) 1/1’s. Property is bringing in $6,000 per month with opportunity to increase. The 3/2.5’s are rented for $1,500 each and the 1/1’s are rented for $750 each. No open violations. Buyer will need to investigate if structure was built in compliance. There are 6 A/C units and 2 electrical meters.

Comps:
Sale Comps $800K – $900K
Rental Comps $6,000 – $7,000

Property Details

Price:
$699,900
Address:
2830 SW 38th Ave Miami, FL
State:
Florida
Year Built:
1987
Terms:
For Sale
Property Type:
Home
Square Feet:
5,330
Bedrooms:
10
Bathrooms:
9
Const. Type:
CBS

Call (786) 565-8726 for more details

Property Location

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