Miami, FL 33150 10040 NW 8th Ave
$650,000
11 more
Presented By: This listing is courtesy of PropertyDeco;
Beds • 6
Baths • 3
SQFT • 2,119
Home Details
Attention investors! This fully occupied triplex is situated on a 7,500 sq ft. lot and currently generates $4,800/month in rental income, with two units rented at $1,900/month and one at $1,000/month—offering immediate, stable cash flow from day one.
The property is livable and fully rented, but would benefit from repairs and aesthetic upgrades, making it a great value-add opportunity. The lot is currently being used to work on multiple vehicles, which could be cleared to improve curb appeal or expand parking.
There is one electrical and one water meter, with shared utility costs between tenants.
Property is sold as-is. Do not disturb tenants. Drive-by only. Showings available by appointment. Serious inquiries only. Tenant occupied, we need 24 hours in advance to book showings.
Presented By: This listing is courtesy of PropertyDeco;
Interior Features for 10040 NW 8th Ave
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile
Heating Y/NYes
General for 10040 NW 8th Ave
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityMiami
Construction MaterialsOther
CoolingCentralAir
CountyMiami-Dade
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionWEST BISCAYNE PB 7-58 S1/2 LOT 1 & S1/2 LOT 2 BLK 6 LOT SIZE 75.000 X 100 OR 13137-151 1286 1
LevelsOne
Listing TermsCash, Conventional, FHA
Lot Size UnitsSquareFeet
MLS Area31
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeTenant
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCityMiami
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesNone
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Showing Instructions24 Hour Notice, Appointment Only, Call Listing Agent
Standard StatusActive
StatusActive
Stories1
Subdivision NameWEST BISCAYNE
Tax Annual Amount10320.0
Tax Year2024
UtilitiesCableNotAvailable
Virtual TourClick here
Year Built1949
Year Built DetailsEffective Year Built
Zoning Description5700
Exterior for 10040 NW 8th Ave
Building Area Total2259.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLessThanQuarterAcre
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking6.0
WaterfrontY/NNo
Additional Details
Price History
Yudih Parada
Realtor
