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Investor's dream! This unique under $1M triplex, nestled between Coral Gables and Coconut Grove, offers a fantastic opportunity. The property owner enjoys a spacious 3-bed, 3-bath living space with central A/C, while each of the two separate units features a 1-bed, 1-bath with a small kitchen, and a third unit with a kitchenette and a full bath. Each of the units has its own private entrance, providing flexibility for a variety of options, making it perfect for Airbnb, College Students, or Multigenerational family setup. Comparable rents for the 3/3 main residence are near $5000/month, while comps for the additional units are in line with current leases of $1500/month and $1200/month, respectively. Don't miss your chance to invest in this ideal location with great income potential.
Listed by Teresa Calejo and Enrique Montoya, Engel & Voelkers Coconut Grove

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The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on April 12, 2024

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