Miami, FL 33147 3040 NW 93rd St
$1,195,000



3 more



Presented By: This listing is courtesy of Compass Florida, LLC
Home Details
9 BEDROOMS 6 BATHROOMS 5 UNITS PRIME INCOME PROPERTY
Exceptional investment opportunity delivering immediate cash flow. This expansive 4,339 SF multifamily property sits on a 13,044 SF lot and features 5 income producing units under one folio. The layout includes a spacious 3 bedroom main residence, two 2 bedroom units, and two 1 bedroom units, making it ideal for an owner occupant or full rental investment.
Zoned for up to 9 units, offering strong future development and value add potential. The oversized lot provides ample space for additional construction and on site parking. All units are currently rented month to month, allowing flexibility to increase rents or reposition the property.
Projected rental income when fully rented is $12,000 per month. This includes two renovated 1 bedroom units at $2,000 each, 2 bedroom units ranging from $2,000 to $2,500, a 3 bedroom unit at $3,000, and a trailer at $700.
Strong income potential from day one with room to grow.
Presented By: This listing is courtesy of Compass Florida, LLC
Interior Features for 3040 NW 93rd St
Bedrooms
Total Bedrooms9
Bathrooms
Half Baths0
Total Baths6
Other Interior Features
Air Conditioning Y/NYes
FlooringCeramic Tile
Heating Y/NYes
Interior AmenitiesBedroom on Main Level, First Floor Entry, Main Level Primary
Laundry FeaturesWasher Hookup, Dryer Hookup
General for 3040 NW 93rd St
AppliancesMicrowave, Refrigerator, Washer
Architectural StyleDetached, One Story
Carport Spaces
Carport Y/NNo
CityMiami
Community FeaturesGated
Construction MaterialsBlock
CoolingCentral Air, Electric, Wall/Window Unit(s)
CountyMiami-Dade
Elementary SchoolBroadmoor
Facing DirectionEast
Full Baths6
Garage Spaces
Garage Y/NNo
HeatingCentral, Wall Furnace
High SchoolMiami Central
Lease Considered Y/NNo
Legal DescriptionTHE TROPICS AMD PL PB 10-17 LOTS 3 & 4 LESS BEG SW COR LOT 4 E22FT N38FT W12FT N12FT W10FT S50 FT TO POB BLK 60 LOT SIZE IRREGULAR OR 17809-
Listing TermsCash, Conventional
Lot Size Square Feet13044
Lot Size UnitsSquare Feet
MLS Area31
Middle/Junior High SchoolMadison
Occupancy TypeTenant
Patio/Porch FeaturesPatio
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityMiami
Property Sub Type AdditionalSingle Family Residence
Property SubtypeSingle Family Residence
Property TypeResidential
RestrictionsNo Restrictions
RoofConcrete
Security FeaturesSecurity Gate
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsListed As-Is
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameTHE TROPICS AMD
Tax Annual Amount10232
Tax Year2025
Total Rooms0
ViewNone
Virtual TourClick here
Year Built1925
Year Built DetailsEffective Year Built
Zoning Description5100
Exterior for 3040 NW 93rd St
Building Area Total4339
Covered Spaces
Exterior AmenitiesFence, Patio
Lot Features1/4 to 1/2 Acre Lot
Lot Size Area13044
Parking FeaturesDriveway, Other, On Street
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Broadmoor Elementary School
Middle School
Madison Middle School
High School
Miami Central High School
Simon Goldenberg
Realtor®
SQFT • 4,339