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Exceptional Location in the Heart of Coral Way / Shenandoah! This versatile income-producing property offers a rare blend of owner-occupant flexibility and strong rental cash flow in one of Miami’s most desirable neighborhoods. Featuring two grandfathered electrical meters servicing the main 3BR/2BA residence and the additional 2BR/2BA unit, the layout provides functionality and long-term value.rnrnThe primary residence is a spacious 3-bedroom, 2-bath home with full kitchen, family room, living room, dining area, washer & dryer, and a large paved backyard — ideal for immediate occupancy or leasing at current market rates.rnrnThe property also includes a 2BR/2BA in-law quarters with full kitchen, washer & dryer, private entrance, and separate meters. Currently rented at $2,650/month (month-to-month) wants to renew annal for 3 years.rnrnAdditional Highlights:rn• 3 on-site parking spaces plus ample street parkingrn• Dedicated space for RV or boat parking, Coconut grove marina less than 1 mile away.rn• Private storage roomrn• Expansive paved backyard for entertaining or future enhancementsrnSubmit your offer at list price. We know the appraisal will comes in lower, we agree to reduce the purchase price to the appraised value. We can complete the appraisal before the inspection to establish value first, then proceed with the inspection.rnrnPrime central location just minutes from Coral Way, Brickell, Downtown Miami, Coconut Grove, and major highways.
Listing Updated: 2026-03-14 16:15:15
