Closed

Franklin, 6053 SW 63rd Ter, South Miami, FL 33143

695,000(-2.88% )
$675,000
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1,320SqFt

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Details

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Status:
Sold - Mar 31, 2023
Size: 1,320 SqFt (123 m2)
Price: $511/SqFt ($5,504/m2)
Type: Multi Family
Built: 1964
MLS Number: A11344977
On Site: 906 Days
Updated: 861 Days ago
Page Views: 0
Attention investors! Rare opportunity in south miami! This completely renovated and separately metered duplex offers two 2/1 units that rent easily to um students with a combined pro-forma rental income potential of $5,200/month! With a great return on investment, this duplex is a smart choice for anyone looking to add to their portfolio with potential to earn a pro-forma 7% cap with a 3% cash on cash return. Located in the desirable south miami close to university of miami, sunset place, coral gables, dadeland, shopping, dining, entertainment and also in a good school district with easy access to major highways. Don't miss out on this amazing opportunity to own a rental property with tons of upside potential in one of the hottest markets in miami. Schedule a showing today!
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Fence
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: CeramicTile
      • Windows/Treatment: Blinds
      • Year Built: 1964
      • Year Built Description: Effective Year Built
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2023-02-18T10:21:41.000-00:00
        Taxes, Fees & More
        • Taxes: 5139

        Price History

        03/31/2023

        Date

        Sold

        Event

        $675K

        Price

        -2.88%

        Change Rate

        $511 ft2 / $5,504 m2

        Price Per

        02/17/2023

        Date

        Listed

        Event

        $695K

        Price

        $527 ft2 / $5,667 m2

        Price Per

        Price per square foot and days on website are not provided values and are calculated by Subdivisions.

        Listed by Eugene Allende • Real Estate Sales Force • Buyer Agency Compensation .

        Instant Comps

        $NaN/ft²

        Unit 6053 SW 63rd Ter – Asking

        $511/ft²

        (0%) from Closed Medium $/ft²

        Closed Medium $/ft²

        $NaN/ft²
        Community $/Price Range (Closed) $NaN/ft² – $NaN/ft²
        No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
        THINKING OF SELLING IN Franklin at South Miami?

        Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.

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        The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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