Not your typical duplex! This unique property features 2 large houses situated on a huge 24k sqft development site. One house is a 4 bed/2 bath and the other is a 2 bed/1 bath. Can also be sold with the duplex next door at 701 sw 6th st. Currently both houses are occupied, it generates a gross annual income of just over $63k annually, with upside to increase to $75k annually when rents are raised to market rates. Each house has plenty of parking and a large yard. Beyond being an amazing income-producing asset, this prime lot offers the potential to build brand new townhouses, especially if combined with the duplex available next door. Minutes away from gulfstream park, aventura mall, shopping centers, and pristine beaches.
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Elior Levi • Fausto Commercial Realty Consultants Inc • Buyer Agency Compensation .
Instant Comparative Market Analysis
Closed
Active
$200/ft²
$200/ft²
$400/ft²
$600/ft²
Unit 721 SW 6th St – Asking
$348/ft²
(-7%) from Closed Medium $/ft²
Closed Medium $/ft²
$374/ft²
Community $/Price Range (Closed) $301/ft² – $444/ft²
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