6053 Southwest 63rd Terrace
6053 Southwest 63rd Terrace
$675,000
—
1,320
1,320
$511
Closed 3/31/23
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Description
Attention investors! Rare opportunity in South Miami! This completely renovated and separately metered duplex offers two 2/1 units that rent easily to UM students with a combined pro-forma rental income potential of $5,200/month! With a great return on investment, this duplex is a smart choice for anyone looking to add to their portfolio with potential to earn a pro-forma 7% CAP with a 3% Cash on Cash Return. Located in the desirable South Miami close to University of Miami, Sunset Place, Coral Gables,...Attention investors! Rare opportunity in South Miami! This completely renovated and separately metered duplex offers two 2/1 units that rent easily to UM students with a combined pro-forma rental income potential of $5,200/month! With a great return on investment, this duplex is a smart choice for anyone looking to add to their portfolio with potential to earn a pro-forma 7% CAP with a 3% Cash on Cash Return. Located in the desirable South Miami close to University of Miami, Sunset Place, Coral Gables, Dadeland, shopping, dining, entertainment and also in a good school district with easy access to major highways. Don't miss out on this amazing opportunity to own a rental property with tons of upside potential in one of the hottest markets in Miami. Schedule a showing today!
- Listed by Eugene Allende • Real Estate Sales Force
Property Details for 6053 Southwest 63rd Terrace
Subdivision
FRANKLIN SUB
StyleDuplex
WaterfrontNo
Area40
AuctionNo
Total Units2
Num Stories1
Sq Ft Total1367
Location
LISTING UPDATED: 04/03/2023 07:58 PM
Property Details for 6053 Southwest 63rd Terrace
Status | Closed |
---|---|
MLS # | A11344977 |
Days on Market | 11 |
Taxes | $5,139 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family Income / Duplex |
Year Built | 1964 |
Lot Size | - |
County | Miami-Dade County |
Location
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Building Information for 6053 Southwest 63rd Terrace
Stories-Residences2Year Built1964Building Size-Lot Size-
Payment Calculator
$4,112 per month
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Property Information for 6053 Southwest 63rd Terrace
Property History for 6053 Southwest 63rd Terrace
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 6053 Southwest 63rd Terrace
Taxable ValueLand-Additions-Total-
Tax Record2023$5,520 ($460 / month)
Home Facts
Total Finished SqFt1,320 SqFtAbove Grade Finished SqFt1,320 SqFtStories1Lot Size4,773 SqFtStyleDuplexYear Built1964Year Renovated1993Zoning0100:SINGLE FCountyMIAMI-DADEAPN09-4025-010-0730
Schools near 6053 Southwest 63rd Terrace
This home is within Miami-Dade.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | PK to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Air Base K-8 Center for International Education PublicPK to 8 | ||
South Miami K-8 Center PublicPK to 8 | ||
South Miami Middle School Public6 to 8 | ||
Robert Morgan Voc-Tech Institute Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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