530 NW 99th Street, Miami, FL 33150
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Active

$665,000

530 NW 99th Street, Miami, FL 33150

Beds
0 Baths
2,465 Sq Ft
1974 Year Built

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.

Property Details

MLS Number
A12009577
Property Type
Duplex
City
Miami
County
Miami-Dade
Subdivision
1ST ADDN TO PINEWOOD PARK
Garage
spaces