Property Description

INVESTOR SPECIAL! Appraised as-is at $628,000 (Oct 2026). Legal duplex in Allapattah with two detached homes on one lot, each with its own address. No shared walls, so each unit has full privacy. Ideal for an investor or for an owner who wants to live in one home and rent the other. The main residence at 3330 NW 15th Ave offers 3 bed/2 bath, and the separate residence at 1510 NW 34th St offers 1 bed/1 bath, for approximately 1,490 SF of living area on a 4,770 SF lot zoned for duplex use. Separate electric meters; one shared water meter. Roof completed under permit in 2021 and windows with final permit in 2026. Renovations are underway. The seller may sell as-is at a negotiated price, complete the planned renovations, or modify certain finishes to the buyers preferences, subject to mutually acceptable terms, permits, and construction feasibility. Minutes to Wynwood, the Health District, Downtown, MIA, and major expressways.Projected 7.47% cap rate at the $590,000 asking price. Section 8 rent scenario of $3,204/month for the 3BR/2BA and $2,040/month for the 1BR/1BA totals $62,928 annually. Estimated NOI of $44,050 assumes 30% operating expenses. Projections only; actual rents and expenses may vary. Section 8 rents subject to housing authority approval and utility allowances. Buyer to verify all figures.

Property Features