2925 Nw 63rd Street, Miami, FL

$655,000

Previous Next

1,608

Square feet

About 2925 Nw 63rd Street

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.

Features of 2925 Nw 63rd Street

MLS® # A12058895
USD $655,000
CAD $911,996
CNY 元4,403,434
EUR €566,226
GBP £485,443
RUB ₽56,563,049
Square Footage 1,608
Year Built 1948
Type Residential
Sub-Type Duplex
Status Active
HOPA No Hopa

Community Information

Address 2925 Nw 63rd Street
Area 2310
Subdivision 62ND STREET HEIGHTS
City Miami
County Miami-Dade
State FL
Zip Code 33147

Amenities

Utilities Cable Not Available
Is Waterfront No
Has Pool No

Interior

Heating Electric
Cooling Central Air, Electric
# of Stories 1

Exterior

Roof Shingle
Construction CBS

School Information

Elementary South Hialeah
Middle Miami Springs
High Miami Springs

Listing Details

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?