1102 Nw 103rd St, Miami, FL 33150

$699,999
2,195
SqFt

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List Price
$699,999
MLS
A12100298
Complex Name
2nd
Status
ACTIVE
Type
Multifamily
Living Area
2,195

Property Description

MAJOR PRICE REDUCTION | HIGH INCOME INVESTMENT OPPORTUNITY Exceptional opportunity to acquire an income producing property in Miami’s rapidly developing Pinewood neighborhood. Appraised at $865,000 on May 20, 2025, this property is now offered significantly below its previous valuation, creating compelling upside for investors. Currently generating $6,675 in total monthly rental income, the property offers strong cash flow with additional long term appreciation potential. Each unit features updated interiors, modern finishes, stainless steel appliances, and renovated bathrooms. All property violations have been cleared by the seller. Situated on a desirable corner lot within a federally designated Opportunity Zone, offering additional potential benefits for qualified investors. Conveniently located near major highways, shopping, employment centers, and Downtown Miami. Property is legally recognized as a duplex and is currently configured, used, and rented as three separate units. Buyers are encouraged to perform their own due diligence regarding current and future use. Strong rental income. Significant price reduction. Appraised value of $865,000. Opportunity Zone location. Bring your HIGHEST AND BEST OFFER and take advantage of this investment opportunity.

Additional Information

Days on Market
0
Style
Duplex
Exterior Features
Fruit Trees
#Parking Spaces
4
Year Built
1945
Development Name
2nd
#Stories
1
Construction Type
Concrete Block Construction
Section
2

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Listing Courtesy of The Keyes Company, Contact: