Property Description

Excellent duplex opportunity with 2 spacious units. Each unit features 3 bedrooms, 2 bathrooms, living room, dining area, laundry room, and private patio, approx. 1,490 sq. ft. each. New roof just completed with permits. Rental comps less than 1 mile rent approx. $3,200-$4,500 depending on upgrades. Projected post-repair rent of $3,800 per unit ($7,600 monthly / $91,200 annually). Based on this income, the estimated gross ROI is approximately 8.3% before expenses. Conservative projections based on basic repairs and stabilization. Enjoy Coral Gables living without the taxes.