3040 Nw 93rd St, Miami, FL

$1,195,000

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9

Beds

6

Baths

4,339

Square feet

About 3040 Nw 93rd St

9 BEDROOMS 6 BATHROOMS 5 UNITS PRIME INCOME PROPERTY Exceptional investment opportunity delivering immediate cash flow. This expansive 4,339 SF multifamily property sits on a 13,044 SF lot and features 5 income producing units under one folio. The layout includes a spacious 3 bedroom main residence, two 2 bedroom units, and two 1 bedroom units, making it ideal for an owner occupant or full rental investment. Zoned for up to 9 units, offering strong future development and value add potential. The oversized lot provides ample space for additional construction and on site parking. All units are currently rented month to month, allowing flexibility to increase rents or reposition the property. Projected rental income when fully rented is $12,000 per month. This includes two renovated 1 bedroom units at $2,000 each, 2 bedroom units ranging from $2,000 to $2,500, a 3 bedroom unit at $3,000, and a trailer at $700. Strong income potential from day one with room to grow.

Features of 3040 Nw 93rd St

MLS® # A12002767
Price $1,195,000
Bedrooms 9
Bathrooms 6.00
Full Baths 6
Square Footage 4,339
Year Built 1925
Type Residential
Sub-Type Single Family Residence
Style Detached, One Story
Status Active

Community Information

Address 3040 Nw 93rd St
Area 31
Subdivision THE TROPICS AMD
City Miami
County Miami-Dade
State FL
Zip Code 33147-2922
HOPA No Hopa

Amenities

Features Gated
Parking Driveway, Other, On Street
View None
Is Waterfront No
Has Pool No
Subdivision Gated

Interior

Interior Ceramic Tile
Interior Features Bedroom on Main Level, First Floor Entry, Main Level Primary
Appliances Microwave, Refrigerator, Washer
Heating Central, Wall Furnace
Cooling Central Air, Electric, Wall/Window Unit(s)
Fireplace No
# of Stories 1

Exterior

Exterior Features Fence, Patio
Roof Concrete
Construction Block

School Information

Elementary Broadmoor
Middle Madison
High Miami Central

Listing Details

OfficeCompass Florida, LLC

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