Duplex 38

Duplex for Sale


1590 NW 38th St.

Miami, FL 33142

$470,000

Unique Investment Opportunity in Allapattah


Duplex with two 3 bedroom / 1 bathroom apartments with a solid cash flow. The duplex has 5,840 square foot lot with T6-8 Open zoning, which allows 150 units per acre. The Duplex is located in a limited sector of blocks with high density in Allapattah neighborhood, being able to build 20 units in a building of up to 8 stories high. The Duplex is just 4 blocks away from Allapattah metro Station, 8 minutes away from Jackson Hospital and just 5 minutes from Wynwood and Design District area. An area that is rapidly expanding and experiencing revitalization. Around the corner is 17 Avenue with easy access to 112 and I95. Actual Cap Rate 6.7%

 

Fact Sheet

  • Duplex

  • 2,484 SF Living Area

  • 3 Bedrooms / ea

  • 1 Full Bathroom / ea

  • 4 Parking Spaces / Uncovered

 

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+1 (786) 328 6353

Address

175 SW 7th St. Suite 2201

Miami, FL 33130