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š„OFF MARKET DEALš„ - $849,000 (Schenley Park/ Coral Terrace)
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Rare investment property offering ~3,000 sq. ft. of rentable living area (larger than tax roll!) in one of Miamiās most in-demand locationsābordering Coral Gables, Schenley Park, and South Miami with no HOA or rental restrictions š”ā¤ļøāØļø
āØļøThis income-producing layout features 5 large bedrooms + flex room and 4 full bathrooms, including three ensuite bedrooms, ideal for multi-generational living, room-by-room rental, or short-term rental optimization. The bright Florida sunroom adds additional rentable/useable space.
āØļøProjected rental income: $8,000+ per month as an Airbnb or long-term rental, with strong demand year-round due to proximity to hospitals, UM, airport, and major employers.
āØļøRecent improvements help reduce future cap-ex:
ā¢ Flat roof section (1,400 sq. ft.) replaced in 2024
ā¢ New water heater (2025)
ā¢ Water-efficient toilets (2024)
ā¢ New fencing (2025)
āØļøLarge driveway for multiple vehicles, plus a spacious backyard with potential for outdoor amenities to further boost rental value.
āØļøProperty needs minor TLC and is priced below market to reflect cosmetic touch-ups. Perfect for investors seeking cash flow, appreciation, or value-add opportunities in a high-growth corridor.š”