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$550,000
Miami, FL 33150
GROVELAND PK
Excellent opportunity for investors or owner-occupants seeking immediate income potential in an up-and-coming Miami neighborhood. This beautifully owner-maintained property features a main residence with 2 bedrooms, 1 bathroom, plus 2 additional smaller rooms currently used as bedrooms, along with a detached efficiency-style unit.The fully fenced property offers a spacious yard with ample room for parking, entertaining, and outdoor enjoyment. Each living unit has access to its own washer and dryer. A small RV trailer on the property is currently rented as an efficiency for $1,000 per month, contributing to approximately $2,350 in immediate monthly income.The main residence may offer additional rental potential, with an estimated rental rate of approximately $2,000 per month when rented as a 2-bedroom, 1-bath home, or approximately $2,600 per month when utilized as a 4-bedroom configuration.Ideal for living in the main home while generating rental income, creating a multigenerational living arrangement, or expanding an investment portfolio. Conveniently located near major roadways, shopping, employment centers, and Miami’s growing urban core. Income and rental estimates are provided by the seller and are subject to buyer verification. The main house can be rented as a 2/1 for up to $2000+/- a month or as a 4 bedroom or $2600+/-.
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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 July 3, 2026.
$550,000
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Listed by Erika Elias, Keller Williams Dedicated Professionals
Cities in Miami-Dade County