2925 NW 63rd St, Miami, FL 33147
2925 NW 63rd St, Miami, FL 33147
2925 NW 63rd St, Miami, FL 33147
2925 NW 63rd St, Miami, FL 33147
2925 NW 63rd St, Miami, FL 33147
2925 NW 63rd St, Miami, FL 33147
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Gerardo (Jerry) Barrios

Gerardo (Jerry) Barrios

+1(786) 318-7422
$ 655,000
Est. payment | /mo

1,608 SqFt

Save
$ 655,000
Est. payment | /mo
Save

1,608 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,608 sqft

Price per Sqft $407

Subdivision 62Nd Street Heights

MLS Listing ID A12058895

HOA Y/N No

Year Built 1948

Annual Tax Amount $9,000

Tax Year 2025

Property Sub-Type Duplex

Property Description

EXCELLENT INVESTMENT OPPORTUNITY FEATURING A DUPLEX WITH ZONING THAT ALLOWS FOR THE DEVELOPMENT OF UP TO EIGHT UNITS. LOCATED IN A RAPIDLY IMPROVING AREA EXPERIENCING SIGNIFICANT REDEVELOPMENT AND GENTRIFICATION, THIS PROPERTY OFFERS STRONG LONG-TERM UPSIDE FOR BOTH INVESTORS AND OWNER-OCCUPANTS. AS IT STANDS TODAY, THE PROPERTY ALREADY GENERATES ENOUGH RENTAL INCOME TO HELP SUPPORT THE OWNER, MAKING IT AN ATTRACTIVE OPTION FOR IMMEDIATE CASH FLOW WHILE PLANNING FUTURE EXPANSION. ONE OF THE HOMES HAS BEEN COMPLETELY RENOVATED AND IS MOVE-IN READY WITH UPDATED FINISHES THROUGHOUT. THE SECOND HOME IS ALSO IN VERY GOOD CONDITION AND ONLY NEEDS NEW FLOORING TO REACH ITS FULL POTENTIAL. THAT UNIT ALSO FEATURES AN OVERSIZED BACKYARD, CREATING ADDITIONAL VALUE AND PLENTY OF USABLE OUTDOOR SPACE. BOTH RESIDENCES OFFER AMPLE PARKING, A MAJOR ADVANTAGE FOR TENANTS AND FUTURE DEVELOPMENT. WHETHER YOU CHOOSE TO HOLD IT AS AN INCOME-PRODUCING DUPLEX, LIVE IN ONE UNIT AND RENT THE OTHER, OR TAKE ADVANTAGE OF THE ZONING TO BUILD ADDITIONAL UNITS, THIS PROPERTY OFFERS FLEXIBILITY, INCOME, AND EXCEPTIONAL UPSIDE IN A GROWING NEIGHBORHOOD.

Location

State FL

County Miami-dade

Community 62Nd Street Heights

Area 31

Interior

Heating Electric

Cooling Central Air, Electric

Flooring Hardwood, Terrazzo, Wood

Exterior

Pool None

Utilities Available Cable Not Available

Roof Type Shingle

Total Parking Spaces 6

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Others

Tax ID 30-31-16-003-0140

Acceptable Financing Cash, Conventional, Cryptocurrency, FHA

Listing Terms Cash, Conventional, Cryptocurrency, FHA

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Live Lavish Real Estate

Schools and Properties Nearby

Gerardo (Jerry) Barrios
Gerardo (Jerry) Barrios

Agent | License ID: 3646800

+1(786) 318-7422 | gbarrios@axenrealty.com

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2925 NW 63rd St