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Exceptional investment and lifestyle opportunity in the heart of Miami's prestigious Coconut Grove corridor. This income-producing triplex features two spacious 2-bedroom, 1.5-bathroom units plus a studio efficiency, generating $69,000 net annual income with a 5% cap rate. Each unit offers updated kitchens with quartz countertops, renovated bathrooms, laminate flooring, in-unit laundry, and private entrances. Ample parking available front and back. Ideally located steps from the Underline, Coconut Grove, Coral Gables, and Brickell. Minutes to Miami International Airport, top-rated schools, and world-class dining and shopping. Walkable, bike-friendly neighborhood with excellent transit access. Zoned T4-R offering future redevelopment potential. Strong Airbnb and short-term rental upside. Florida has no state income tax making this an ideal asset for domestic and international investors alike. Whether you are seeking strong cash flow or a live-in investment, this property checks every box. Do not miss this turnkey opportunity in one of Miami's fastest-growing markets.
| 7 months ago | Listing first seen on site | |
| 7 months ago | Listing updated with changes from the MLS® |