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$689,000
Miami, FL 33142
WESTHAVEN
INCOME-PRODUCING DUPLEX WITH TRIPLEX POTENTIAL IN PRIME MIAMI LOCATION (T4-R ZONING)Excellent opportunity to own a cash-flowing duplex in the heart of Miami’s rapidly growing Allapattah area. The property features two 1 bedroom, 1 bathroom + den units, with the den easily convertible into a second bedroom, maximizing both usability and rental potential.Both units are currently occupied, generating $3,400/month in rental income. Current rents are $1,700 per unit, below market value, offering immediate upside through rental increases.The property has undergone extensive recent improvements, including full exterior stucco and paint, roof improvements in 2025, a leveled backyard with new landscaping and turf, and a new chain link fence. Interior updates include fresh paint, a new refrigerator, updated bathroom vanity and toilet, and a new split A/C unit.A standout feature is the detached CBS structure with electrical already in place, providing a near turnkey opportunity to convert into a fully separate third unit. Architectural plans are available, giving the next owner a clear path to expansion without starting from scratch.Zoned T4-R, allowing up to 4 units, with parking up to 6 vehicles. Centrally located just minutes from Wynwood, the Design District, Brickell, and MIA Airport.In-place income, below-market rents ready to be increased, and a near-complete third unit position this property for a significant increase in cash flow and overall return.
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Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$689,000
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Listed by Chabelli Gugliatto, LoKation