Seller motivated offering constributions for the buyer’s closing cost. Investment opportunity in West Miami. This property is optimized to generate significant passive income. It is divided into three rental units: a spacious 3/1 unit, a separate studio, and

3031 SOUTH WEST 64TH AVE, Miami

$1,010,000 USD
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Address3031 SOUTH WEST 64TH AVE, Miami
Building NameCORAL VILLAS REV
Type of PropertyTriplex
Property StyleTriplex
Price$1,010,000
Property StatusActive
MLS NumberA11893498
Living Area2340
Year Built1952
Parking Space Number8
Folio Number30-40-13-006-4000
Zoning Information0100
Days on Market10

Detailed Description: Seller motivated offering constributions for the buyer’s closing cost. Investment opportunity in West Miami. This property is optimized to generate significant passive income. It is divided into three rental units: a spacious 3/1 unit, a separate studio, and a guesthouse converted into a 2/1 apartment. This property can generate a combined monthly income of approximately $8K-9K montlhy. (Rental comparison in the area for showing). Flexibility for new tenants or personal use. Plumbing and electrical upgrades were installed in 2023, a water heater for the main unit (2024), two air conditioning units (one replaced in 2024), and a freestanding wall unit for the studio. All units feature modern kitchens with updated countertops and fully remodeled bathrooms with modern finishes. Super Location!

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33155
Address3031 SOUTH WEST 64TH AVE
Section13
Zip Code (4 Digits)3925
Financial Information
Price$1,010,000
Price per Foot$0
Folio Number30-40-13-006-4000
Tax Amount$12,324
Tax Year2024
Possession InformationFunding
Full Descriptions
Detailed DescriptionSeller motivated offering constributions for the buyer’s closing cost. Investment opportunity in West Miami. This property is optimized to generate significant passive income. It is divided into three rental units: a spacious 3/1 unit, a separate studio, and a guesthouse converted into a 2/1 apartment. This property can generate a combined monthly income of approximately $8K-9K montlhy. (Rental comparison in the area for showing). Flexibility for new tenants or personal use. Plumbing and electrical upgrades were installed in 2023, a water heater for the main unit (2024), two air conditioning units (one replaced in 2024), and a freestanding wall unit for the studio. All units feature modern kitchens with updated countertops and fully remodeled bathrooms with modern finishes. Super Location!
Roof DescriptionShingle
Floor DescriptionTile
Cooling DescriptionCentral Air
Heating DescriptionCentral
Water DescriptionMunicipal Water
Sewer DescriptionSeptic Tank
Property parameters
Living Area2340
Zoning Information0100
Year Built1952
Type of PropertyTriplex
StyleTriplex
Building NameCORAL VILLAS REV
Development NameCORAL VILLAS REV
Construction TypeConcrete Block Construction
Stories Number3.000
Street DirectionSouth West
Parking Space Number8
Listed withRealty One Group Evolution