Welcome to this brand-new duplex in the sought-after Queens Park subdivision! Each unit offers 4 bedrooms and 3 bathrooms, totaling 8 bedrooms and 6 bathrooms. The kitchens are equipped with top-of-the-line appliances and elegant Calacatta countertops, and the property features impact windows and doors for added security and peace of mind. Perfect for investors or those looking to live in one unit while the other generates income to help pay the mortgage, this property offers an approximate NOI of $78,000 and the potential for an attractive 6-7% cap rate, depending on the purchase method. Conveniently located just minutes from I-95, Gratigny Expressway, Downtown Miami, Wynwood, and both Miami and Ft. Lauderdale airports, this is an opportunity you don’t want to miss!
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
4
/10
Silver Bluff Elementary School
2609 SW 25th Ave
Distance between this listing and this school0.85 miles
Public District Grades PK-5
7
/10
Coral Way K-8 Center
1950 SW 13th Ave
Distance between this listing and this school0.97 miles
Public District Grades PK-5
10
/10
Coconut Grove Elementary School
3351 Matilda St
Distance between this listing and this school1.55 miles
Public District Grades PK-5
Nearby Schools
5
/10
Shenandoah Middle School
1950 SW 19th St
Distance between this listing and this school0.99 miles
Public Magnet Grades 6-8
8
/10
Mater Grove Academy
2805 SW 32nd Ave
Distance between this listing and this school1.40 miles
Public Charter Grades KG-8
10
/10
International Studies Charter Middle School
2480 SW 8th St
Distance between this listing and this school1.91 miles
Public Charter Grades 6-8
Nearby Schools
4
/10
International Studies Virtual
2480 SW 8th St
Distance between this listing and this school1.91 miles
Public Charter Grades 6-12
9
/10
International Studies Charter High School
2480 SW 8th St
Distance between this listing and this school1.91 miles
Public Charter Grades 9-12
10
/10
Young Womens Preparatory Academy
1150 SW 1st St
Distance between this listing and this school2.24 miles
The neighbors living near this home have an average income of $122,135. The majority of Miami, FL residents have income between $100k-200k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 11128NW 17th Ave Unit 1-2 in Miami, FL and zip code 33167 in the Coconut Grove neighborhood. This 3,360 square foot home was built in 2024. It has been listed on Rocket Homes since December 04, 2024 and is currently priced at $1,199,999.
Miami, FL housing market in November 2024 saw over 38 listings sold above listed price, more than 112 sold at listed price and over 445 sold below. The inventory of homes for sale in Miami, FL between October 2024 and November 2024 increased by 6.7%. In November 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $565,671.
From Rocket Homes Real Estate and based on county public records data.