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Spencer Bailey

spencer.bailey507@gmail.com +1(507) 951-2934

Est. payment | -/mo

1,608 SqFt

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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

Subdivision 62Nd Street Heights

MLS Listing ID A12058895

Construction Status Resale

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

Area 2310

Interior

Heating Electric

Cooling Central Air, Electric

Flooring Terrazzo, Wood

Fireplace No

Exterior

Utilities Available Cable Not Available

Roof Type Shingle

Total Parking Spaces 6

Private Pool No

Building

Dwelling Type Duplex

Story 1

Sewer Public Sewer

New Construction No

Construction Status Resale

Schools

Elementary Schools South Hialeah

Middle Schools Miami Springs

High Schools Miami Springs

Others

Pets Allowed No

Tax ID 3031160030140

Acceptable Financing Cash, Conventional, Cryptocurrency, FHA

Listing Terms Cash, Conventional, Cryptocurrency, FHA

Listed by Juan Reyes Live Lavish Real Estate

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+1(507) 951-2934

spencer.bailey507@gmail.com

2925 NW 63rd ST Miami, FL 33147

Spencer Bailey

Key Details

Location

Interior

Exterior

Building

Schools

Others

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2925 NW 63rd ST

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