530 NW 99th Street, Miami, FL 33150
- $665,000
- 2,465
- SqFt
- List Price
- $665,000
- Price Change
- ▼ $30,000 1783732152
- MLS#
- A12009577
- Sq. Ft
- 2,465
- Subtype
- Duplex
- County
- Miami-Dade
- Subdivision
- 1st Addn To Pinewood Park
- Region
- 2310
- Year Built
- 1974
Property Description
Value-add duplex investment opportunity in Miami with strong income potential and upside. 530 NW 99th Street features approximately 2,621 SF situated on a 7,350 SF lot with projected rents of approximately $2,900 per unit ($69,600 projected annual gross income). Property requires some deferred maintenance and capital improvements, including a roof replacement, which has been reflected in the asking price and creates an attractive opportunity for investors to increase value through strategic improvements and rent optimization. Yet, property has been updated and does include High Impact windows and doors. Excellent long-term hold opportunity in a strong rental corridor with convenient access to major highways, Downtown Miami, Wynwood, Miami Shores, and key employment centers. Ideal for investors, owner-users, or 1031 exchange buyers seeking stable multifamily demand with upside potential. Do not disturb tenants. Shown by appointment only.
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Additional Information
- Heating
- Central, Separate Meters
- Cooling
- Central Air
- Roof
- Shingle
- Sewer
- Septic Tank
- Water
- Public
- Parking Spaces
- 4
- Flooring
- Ceramic Tile
- Construction
- Block
- Living Area
- 2,465
- Elementary School
- Hubert O. Sibley K-8 Academy
- Middle School
- Horace Mann
- High School
- Miami Edison
Listing courtesy of Compass Florida, LLC. Contact: