Description

Prime Income Property. This renovated 4-plex offers updated units and reliable cash flow with low expenses. Several tenants are long-term, and the property has a strong rental history with consistent demand. A rare opportunity, it comes with 4 individual folios (previously a condo association), providing added flexibility and value. All building certifications are complete, giving investors peace of mind. Conveniently located near highways, shopping, and dining, this property combines a high cap rate with long-term stability. Don’t miss this turnkey, income-producing opportunity!

Address

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Address: 2nd Ct
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33161
Area: FUTURA VILLAS NO 3 CONDO

Details

Updated on December 9, 2025 at 6:14 pm

Property ID A11885743
Price $919,500
Property Size 905 Square Feet
Year Built 1975
Type Quadruplex
Property Status Residential Income

Additional details

ArchitecturalStyle Attached
BuildingAreaTotal 905
BuildingAreaUnits Square Feet
BuildingName FUTURA VILLAS NO 3 CONDO
ConstructionMaterials Concrete Block With Brick
ContractStatusChangeDate 2025-09-29
Cooling Central Air
DaysOnMarket 70
DocumentsAvailable Copy Of Lease(S), Rent Rolls
ExpirationDate 2026-03-25
Heating Central
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-793-1572
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Futura Villas No 3 Condo
MajorChangeTimestamp December 9, 2025 at 03:58pm
MajorChangeType Back On Market
MlsStatus Active
ModificationTimestamp December 9, 2025 at 03:58pm
NetOperatingIncome 90710
NumberOfUnitsInCommunity 4
NumberOfUnitsTotal 4
OnMarketDate 2025-09-29
OperatingExpense 14649
OriginalEntryTimestamp September 29, 2025 at 06:48pm
OriginalListPrice 950000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 30-22-19-066-0010
ParkingTotal 7
PhotosChangeTimestamp December 9, 2025 at 03:53pm
PhotosCount 22
Possession Funding
PostalCodePlus4 2826
PreviousListPrice 950000
PriceChangeTimestamp November 11, 2025 at 09:37pm
PublicSurveyRange 22
PublicSurveySection 19
PublicSurveyTownship 22
RentIncludes Gardener, Sewer, Trash Collection, Water
Roof Flat Tile
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent, See Broker Remarks
SourceSystemKey 421094711
StateOrProvince FL
StatusChangeTimestamp December 9, 2025 at 03:58pm
Stories 2
StoriesTotal 2
StreetDirPrefix NE
StreetName 2nd Ct
StreetNumber 13980
StreetNumberNumeric 13980
StructureType Quadruplex, Fourplex
SyndicationRemarks Prime Income Property. This renovated 4-plex offers updated units and reliable cash flow with low expenses. Several tenants are long-term, and the property has a strong rental history with consistent demand. A rare opportunity, it comes with 4 individual folios (previously a condo association), providing added flexibility and value. All building certifications are complete, giving investors peace of mind. Conveniently located near highways, shopping, and dining, this property combines a high cap rate with long-term stability. Don’t miss this turnkey, income-producing opportunity!
TaxAnnualAmount 2455
TaxLegalDescription FUTURA VILLAS NO 3 CONDO UNIT 3-2-1 UNDIV 25% INT IN COMMON ELEMENTS CLERKS FILE 75R57987 OR 16678-0531 0295 1 COC 22021-0306 01 2004 1
TaxYear 2024
TotalActualRent 105360
WaterSource Municipal Water
YearBuiltDetails Resale
Zoning 3800