Basic Information
- MLS # A11239953
- Type Duplex
- Status Closed
- Subdivision/Complex PALMETTO DUPLEXES ADDN NO
- Year Built 2022
- Total Sqft 3,275
- Date Listed 07/18/2022
- Days on Market 45
*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
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool Yes
- Parking Description
- Style Duplex
Interior Features
- Adjusted Sqft 3,275Sq.Ft
- Cooling Description Central Air, Ceiling Fans, Electric
- Floor Description Ceramic Tile, Marble
- Heating Description Other
- Sqft 3,275 Sq.Ft
Property Features
- Address 10621 SW 77th Ct
- Aprox. Lot Size 4,191
- Furnished Info no
- Listing Terms Cash
- HOA Fees $0
- Subdivision Complex
- Subdivision Info PALMETTO DUPLEXES ADDN NO
- Tax Amount $12,214
- Tax Legal desc PALMETTO DUPLEXES ADDN NO 1 PB 90-84 LOT 7 BLK 1 OR 16218-2113 0194 1 F/A/U 30-5010-037-0020 COC 24312-4983 02 2006 1
- Tax Year 2021
- Terms Considered Cash
- Type of Property Duplex
10621 SW 77th Ct
Pinecrest, FL 33156Similar Properties For Sale
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: Urban Key Realty Corp. tel: 305-967-8820
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