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Destination Dream Airbnb

2 Multifamily Properties in Multiple Locations

Investment Highlights

  • Ideal Location for Visitors
  • Great Return!
  • Fully Remodeled

Executive Summary

Are you searching for a turnkey vacation rental property or an investment opportunity with a strong return on investment? Look no further than these exceptional, fully remodeled properties situated in a vibrant Miami location, between the trendy Wynwood and the charming El Portal neighborhoods.
Each residence boasts a unique blend of spacious living areas, desirable amenities, and the potential to generate substantial rental income. Ideally situated less than 20 minutes from the airport, these properties provide easy access to Miami's most sought-after attractions, including Wynwood, Downtown, Brickell, Miami Beach, and more.
Collectively, these properties produce a net operating income of $219,413.00 and are offered at a compelling 7% return on investment! This is a unique opportunity to acquire income-generating assets in a dynamic and desirable Miami market.
Modern Miami Native: 473 NE 61 ST: This 5-bedroom, 2-bathroom property boasts 1,436 sq.ft. of living space on a sizable 4,992 sq.ft. lot. Originally a legal duplex, it's currently configured as a single-family home but offers the potential for future income generation. Relax in the luxurious hot tub or explore the potential of converting back to a duplex (zoned T4-R). This property delivers a net operating income of $66,268.00.
Bohemian Bungalow with a Pool:
7 NE 50 ST: Enjoy the Florida sunshine poolside at this income-producing gem. This fully remodeled 4-bedroom, 2-bathroom property offers 1,317 sq.ft. of living space on a 4,040 sq.ft. lot. Originally designed as a legal duplex, it's currently used as a comfortable single-family home. Zoned T4-L, it generates a net operating income of $77,855.00, making it a smart investment.
Luxury Living with a Pool near Design District: 175 NE 49 ST: Treat yourself to the ultimate Miami experience at this expansive property. This fully remodeled 4-bedroom, 4-bathroom haven offers 2,078 sq.ft. of living space on a large 6,700 sq.ft. lot. Originally a legal duplex, it's currently a spacious single-family home featuring a refreshing pool. Zoned T4-R, this property boasts a net operating income of $75,290.00 and enjoys a prime location, just minutes from the Miami Design District.
No matter your preference for space, income potential, or proximity to vibrant Miami districts, one of these properties is sure to be your perfect Airbnb match. Contact us today to learn more!

Data Room Click Here to Access

Taxes & Operating Expenses (Actual - 2023)

Annual
Gross Rental Income -
Other Income -
Vacancy Loss -
Effective Gross Income -
Net Operating Income $219,413

Taxes & Operating Expenses (Actual - 2023)

Gross Rental Income
Annual -
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual -
Net Operating Income
Annual $219,413

Property Facts

Sale Type Investment
Status Active
Number of Properties 1
Individually For Sale 0
Total Building Size 1,317 SF
Total Land Area 0.09 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Bohemian Bungalow with a Pool
7 50 St, Miami, FL 33137
Multifamily 1,317 SF 1951 -
Modern Miami Native Multifamily 1,436 SF 1925 -
Show More > < Show Less

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Pool
  • Tenant Controlled HVAC
  • Listing ID: 31364493

  • Date on Market: 3/29/2024

  • Last Updated:

  • Address: Destination Dream Airbnb, Miami, FL

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