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Sold for $1,870,000 on 09/01/22
  • $1,870,000

    10621 SW 77th Ct, Pinecrest, FL 33156

    6beds
    4baths
    3,275sqft
    Duplex
    Built in 2022
    -- sqft lot
    $2,040,300 Zestimate®
    $571/sqft
    $4,528 Estimated rent

    What's special

    *ALREADY PRODUCING $12,000 PER MONTH. BOTH UNITS RENTED* Collect rent from high quality tenants that make passive income a breeze. This duplex is now producing $12,000 a month. With a low initial tax basis, this property is destined to be a great investment. It has been extensively renovated and is basically brand new: new roof, new pool, new bathrooms, new tile. The below financials are already in place and end up at a cap rate of ~6.2%. Effortlessly get your cash into the mid teens when purchased with leverage. Monthly income: $12,000 Yearly property taxes $17,000 (includes post-purchase adjustment) Yearly insurance $4,000 Yearly utilities & misc costs $2,400 Total expenses $23,400 Total income $144,000 ***NOI $120,600*** @ ~6.1% cap rate = $1,970,000

    Zillow last checked: 7 hours ago

    Listing updated: September 06, 2022 at 07:48am

    Listed by:

    Raphael Hillis 646-620-7375,

    Urban Key Realty Corp

    Bought with:

    Maria Lea Plaza, 3228685

    LP Realty, LLC.

    Source: MIAMI,MLS#: A11239953MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Other
    Cooling
    • Ceiling Fan(s), Central Air, Electric
    Features
    • Flooring: Ceramic Tile, Marble
    Interior area
    • Total structure area: 4,191
    • Total interior livable area: 3,275 sqft

    Property

    Parking
    • Total spaces: 4
    Features
    • Stories: 1
    • Has private pool: Yes
    • Pool features: In Ground, Fenced
    Lot
    • Features: 1/4 To Less Than 1/2 Acre Lot
    Details
    • Parcel number: 2050100370020
    • Zoning: 5700

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Roof: Shingle
    Condition
    • New Construction,Updated/Remodeled
    • New construction: Yes
    • Year built: 2022

    Utilities & green energy

    • Sewer: Septic Tank

    Community & neighborhood

    Location
    • Region: Pinecrest
    • Subdivision: Palmetto Duplexes Addn No

    Other

    Other facts
    • Listing terms: All Cash,Cash
    Services availability
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    Estimated market value

    $2,040,300