For Sale
$950,000

2055 140Th StNorth Miami Beach, FL 33181

Prime Location, High Rental Income

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a fully renovated duplex located at 2055 NE 140th St, North Miami Beach, Florida, 33181. Built in 1951, this single-story property boasts two separate 2-bedroom, 1-bathroom houses situated on a single lot. Currently generating strong rental income with each unit leased at $2450 and $2500 respectively, this property offers significant potential for increased revenue through market rate adjustments. Recent upgrades include the installation of impact windows and doors, new air conditioning units, and refreshed landscaping, enhancing both the aesthetic appeal and the property's value. The convenient location provides easy access to major retailers such as Target, and is within a short 10-minute drive of Aventura Mall and the pristine beaches of North Miami Beach. This property is ideal for owner-occupancy with rental income, or as a fully operational short-term rental investment. The asking price is $950,000. Ample parking is available on the property. This rare find in the heart of North Miami Beach, east of Biscayne Boulevard, presents a compelling opportunity for savvy investors seeking a high-return, low-maintenance investment property.

Highlights

  • $950,000 asking price.
  • Multifamily property, specifically a duplex in North Miami Beach, FL.
  • Built in 1951, one-story building.
  • Two 2-bed/1-bath units, currently rented for $2450 and $2500 per month.
  • Recently renovated with impact windows/doors, new AC units, and landscaping.

Property Details for 2055 140Th St

Property type
Apartment buildings, Small apartment buildings
Year Built
1951
Stories
1

Location Insight

City
North Miami Beach
County
Miami-Dade
State
Florida
Latitude
25.9058082
Longitude
-80.157365
2055 140Th St, North Miami Beach, Florida

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2055 140Th St
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