10621 SW 77th Ct

Pinecrest, FL, 33156

$1,870,000

$570 per ft²
$1,870,000
$570 per ft²
Sold
Sold
carpenters-square
3,275 ft²
property_type
Multi-family
calendar
Built 2022
*ALREADY PRODUCING $12,000 PER MONTH. BOTH UNITS RENTED* Collect rent from high quality tenants that make passive income a breeze. This duplex is now producing $12,000 a month. With a low initial tax basis, this property is destined to be a great investment. It has been extensively renovated and is basically brand new: new roof, new pool, new bathrooms, new tile. The below financials are already in place and end up at a cap rate of ~6.2%. Effortlessly get your cash into the mid teens when purchased with leverage. Monthly income: $12,000 Yearly property taxes $17,000 (includes post-purchase adjustment) Yearly insurance $4,000 Yearly utilities & misc costs $2,400 Total expenses $23,400 Total income $144,000 ***NOI $120,600*** @ ~6.1% cap rate = $1,970,000
MLS® ID:
A11239953
Listed:
7/17/22
Updated:
10/3/22
Blue One Realty
Blue One Realty, LLC

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Ceramic Floor, Marble
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Other

Exterior/Building Features

Architectural Style
Duplex
Lot Details
1/4 To Less Than 1/2 Acre Lot
Roof
Shingle
Sewer
Septic Tank

Other Property Details

Area Name
Palmetto Duplexes Addn No
Taxes
$12214
Tax Frequency
per YEAR
Garage
No
Parking
N
Parking Total
4.0
View
N
County
Miami-Dade County
Pool
Yes
Pool Description
In Ground, Fenced
Total Stories
1
Zoning
5700

Property History

Date
Event
Price
Value
9/6/22
Sold
-
-
9/6/22
Price Change
$1,870,000
-5%
8/4/22
Pending
-
-

Courtesy of Raphael Hillis, Urban Key Realty Corp,

Based on information from Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

©2022 Miami Association of REALTORS. All rights reserved. 

Data last updated 2:20 AM UTC, 10/3/22.

Blue One Realty
Blue One Realty, LLC
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