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Discover exceptional potential and value in this desirable North Miami Beach corner lot — with NO HOA! Perfect for investors or multigenerational living, this versatile property offers three income-producing units.rnrnThe main residence features 3 bedrooms and 2 bathrooms, including a spacious primary suite with a private bathroom and walk-in closet. The garage has been thoughtfully converted into a 1 bed / 1 bath in-law suite with a private entrance, ideal for guests or rental income. An additional studio-style living space with its own bathroom has been created from a portion of the living room and can easily be opened back to the main house if preferred. In total, the property offers 5 bedrooms and 4 bathrooms—see floor plan for layout details.rnrnRental projections based on market data:rnUnit 1: $2,900/mrnUnit 2: $1,250/mrnUnit 3: $1,350/mrnTotal estimated income: $5,500/monthrnrnSitting on a generous 8,088 sq ft lot, the backyard is a private retreat featuring a swimming pool, 6 mango trees, and 4 avocado trees—a true tropical oasis. Major upgrades include a new shingle roof (installed April 2025) and impact doors & windows, offering insurance benefits and peace of mind. Located in Flood Zone X, meaning flood insurance is not required by most lenders, adding further value.rnrnAn outstanding opportunity in a rapidly developing area—whether generating rental income or designing your family’s future, this property delivers unmatched flexibility and potential.
Listing Updated: 2025-12-12 05:15:11
