19 NE 48th St, Miami FL 33137

Description

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.

This duplex home located at 19 NE 48th St, Miami FL 33137 is currently for sale and has been available on Brickellsold for 12 days. This property is listed at $1M. It has N/A beds, N/A bathrooms, and is 2224 square feet. It was built in 1926. 19 NE 48th St, Miami FL 33137 is in Miami county Miami-Dade County.