Nina Mormina - Preferred Properties Int'l Realty, Inc Logo
$635,000
 $3,409 est/mo Sourced by Back At You

2925 NW 63rd Street,Miami, FL 33147

Miami, FL 33147

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Description

EXCELLENT INVESTMENT OPPORTUNITY FEATURING A DUPLEX WITH ZONING THAT ALLOWS FOR THE DEVELOPMENT OF UP TO EIGHT UNITS. LOCATED IN A RAPIDLY IMPROVING AREA EXPERIENCING SIGNIFICANT REDEVELOPMENT AND GENTRIFICATION, THIS PROPERTY OFFERS STRONG LONG-TERM UPSIDE FOR BOTH INVESTORS AND OWNER-OCCUPANTS. AS IT STANDS TODAY, THE PROPERTY ALREADY GENERATES ENOUGH RENTAL INCOME TO HELP SUPPORT THE OWNER, MAKING IT AN ATTRACTIVE OPTION FOR IMMEDIATE CASH FLOW WHILE PLANNING FUTURE EXPANSION. ONE OF THE HOMES HAS BEEN COMPLETELY RENOVATED AND IS MOVE-IN READY WITH UPDATED FINISHES THROUGHOUT. THE SECOND HOME IS ALSO IN VERY GOOD CONDITION AND ONLY NEEDS NEW FLOORING TO REACH ITS FULL POTENTIAL. THAT UNIT ALSO FEATURES AN OVERSIZED BACKYARD, CREATING ADDITIONAL VALUE AND PLENTY OF USABLE OUTDOOR SPACE. BOTH RESIDENCES OFFER AMPLE PARKING, A MAJOR ADVANTAGE FOR TENANTS AND FUTURE DEVELOPMENT. WHETHER YOU CHOOSE TO HOLD IT AS AN INCOME-PRODUCING DUPLEX, LIVE IN ONE UNIT AND RENT THE OTHER, OR TAKE ADVANTAGE OF THE ZONING TO BUILD ADDITIONAL UNITS, THIS PROPERTY OFFERS FLEXIBILITY, INCOME, AND EXCEPTIONAL UPSIDE IN A GROWING NEIGHBORHOOD.

Details

MLS #A12058895
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1948
Days On Site102
Listing Provided ByLive Lavish Real Estate | Juan Reyes

Features

SQ Feet1,608
Story(s)1
Units1
Zoning5700

Taxes

Tax Annual Amount9000

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33147
Area2310
Community Name62ND STREET HEIGHTS
Listing VS Median (in 62ND STREET HEIGHTS)
Price:
$635,000
low | high
Med:
$635,000
50% of Average
sqft:
1,608
low | high
Med:
1,608
50% of Average
$ / sqft:
$395
low | high
Med:
$395
50% of Average
On site:
102
low | high
Med:
102
100% of Average
Sourced by Back At You

Market Activity 33147

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Additional Information

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Learn More About This Property

Nina Mormina

Nina Mormina

Preferred Properties Intl Realty Inc

BK704943 (786) 525-0500nina@investsouthflorida.com
StateFL
CountyMiami Dade
CityMiami
Zip Code33147
Area2310
Community Name62ND STREET HEIGHTS
Listing VS Median (in 62ND STREET HEIGHTS)
Price:
$635,000
low | high
Med:
$635,000
50% of Average
sqft:
1,608
low | high
Med:
1,608
50% of Average
$ / sqft:
$395
low | high
Med:
$395
50% of Average
On site:
102
low | high
Med:
102
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $476K - $793K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
3074 NW 64th Street Property Photo 1
$500,000
3074 Nw 64th Street
Miami, FL 33147
Listing Updated: October 31, 2026 at 12:53:07 AM PDT

Nina Mormina - Preferred Properties Int'l Realty, Inc