3530 SW 122nd Avenue, Miami, FL 33175

$950,000
5
BD
4
BA
2,980
SqFt

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List Price
$950,000
Status
ACTIVE
Days on Market
5
MLS#
A12078829
Subtype
Residential
Year Built
1962
Bedrooms
5
Bathrooms
4
Full Baths
4
Living Area
2,980
Acres
0.18
Subdivision
Southern Ests 3rd Addn
MLS Area Major
2490

Property Description

Excellent opportunity for an owner occupant or investor. This well maintained property offers a spacious main residence with 3 bedrooms and 2 bathrooms, including a master bedroom with private bath, plus two separate 1 bedroom, 1 bathroom apartments, for a total of 5 bedrooms and 4 bathrooms. The property is currently fully rented and generating approximately $6,900 per month, or $82,800 annually, with potential for additional rental upside. Each living space has its own private entrance, separate living area, and outdoor patio, offering privacy and independence. One of the 1 bedroom apartments includes its own washer and dryer. The main residence features a comfortable layout, large covered patio, separate laundry room with washer and dryer, and a very spacious backyard. Additional improvements include a roof replaced around 2019, individual air conditioning systems for each living area from approximately 2019, an improved driveway, hurricane protection, and nicely finished bathrooms. All three living areas are occupied by established long term tenants, providing immediate rental income. The property also offers flexibility for a future owner who may wish to occupy the main residence while continuing to receive income from the two additional apartments. A versatile income producing property with strong current rental income and excellent future potential. No association. Schedule your showing today!

Additional Information

Amenities
None
Interior Features
Bedroom on Main Level, Main Level Primary, Separate Shower
Exterior Features
Outdoor Living Area, Room For Pool
Taxes
$10,667
Flooring
Terrazzo, Tile
Appliances
Dryer, Electric Range, Gas Range, Gas Water Heater, Microwave, Washer
Heating
Central
Air Conditioning
Central Air, Ceiling Fan(s)
Exterior Construction
Block
Stories
1
Levels
One
Roof
Shingle
Parking Features
Circular Driveway, Driveway
Middle School
W. R. Thomas
High School
G. Holmes Braddock

Listing courtesy of Horizon Homes Realty Corp. Contact:

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Agent: Wendy Raquel Diaz | Email: Wendy@StylishHomesRealtor.com