Courtesy of: Ricky Kallabat PA, Keller Williams Capital Realty, richardk@kw.com
Courtesy of: Ricky Kallabat PA, Keller Williams Capital Realty, richardk@kw.com
$949,000
|
4 bed
|
|
4.00 Bath (4 Full)
|
|
Duplex
|
$949,000
435 NE 69th St Located in Miami’s rapidly evolving Upper Eastside corridor, legal upper / lower duplex presents a compelling opportunity for investors seeking stable rental income with future upside. This 2, 074 SF multi-family property is currently fully leased, generating $67, 200 in gross annual income. The property features two spacious units, each with 2 bedrooms and 2 bathrooms. The upstairs residence includes a den that has been converted into a third bedroom, offering added rental flexibility and increased income potential, while the downstairs unit is a well-configured 2BD/2BA layout. Positioned in a desirable pocket near Morningside, the property benefits from strong rental demand and proximity to neighborhood amenities. Nearby comparables shows the buyer's insatiable appetite for specifically multi-family, reinforcing the area's ongoing investment activity. Residents enjoy convenient access to local markets, cafés, and everyday essentials, along with nearby educational institutions including Morningside K-8 Academy, Morningside Elementary School, and The Cushman School. With immediate cash flow, flexible unit layouts, and a location in one of Miami’s steadily appreciating neighborhoods, 435 NE 69th St represents a solid opportunity for investors seeking both current income and long-term value growth. Current tenants are NOT short-term but you can certainly operate the property as AIRBNB and easily double the cap rate closer to 10%. Please ask for a walk-through video. 4 parking
Courtesy of: Ricky Kallabat PA, Keller Williams Capital Realty, richardk@kw.com
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.