Costantini VIP Realty

Serving the Miami-Dade, Broward and Palm Beach Counties

 

Property Description

*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

Features
: In Ground, Fenced
: Other
: Central Air, Ceiling Fan(s), Electric
: 4
: Marble, Ceramic Floor
: 1/4 To Less Than 1/2 Acre Lot
: Shingle
: Septic Tank
Address Details
FL
Miami-Dade County
Pinecrest
33156
10621 SW 77th Ct
PALMETTO DUPLEXES ADDN NO
0
Other
0
: All Cash, Cash
: New Construction, Substantially Remodeled
: Gardener, Water
1
1
: Duplex
$12,214
2021
5700

Residential Income For Sale

PALMETTO DUPLEXES ADDN NO

10621 SW 77th Ct, Pinecrest, Florida 33156

3,275 Sqft
$1,970,000
Listing ID #A11239953
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : A11239953
Price : $1,970,000
Square Footage : 3,275 Sqft
Year Built : 2022
Lot Area : 4,191 Sqft
Building Area : 4,191 Sqft
Status : Active
Property SubType : Duplex
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