290 Fernwood Rd Key Biscayne, FL 33149

PROPERTY DESCRIPTION

INVESTORS-THIS IS IT! Beautiful DUPLEX.Enjoy great cashflow of over $14, 000 per mo.in a prime area of KB. 2 addresses, one tax folio. EACH SIDE of duplex has the following: 3 bedrooms, 2.5 baths, a private pool, 2050 sq. ft. under A/C, marble floors, high ceilings, gorgeous kitchen w/ stainless appls, impact windows & multiple terraces. Each tenant pays all associated utilities & maintenance. Fully leased DUPLEX. Both sides of the duplex are leased at $7, 000 per mo. Great Cap Rate!!

PROPERTY DETAILS

  • Property Type: Duplex
  • Approx Living Area: 4,756 SqFt
  • Year Built: 2008
  • Flooring: Marble Floors, Tile Floors
  • Pool Description: Below Ground Pool
  • Roof: Barrel Roof, Flat Roof With Facade Front
  • Lot Features: Less Than 1/4 Acre Lot
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  • Construction: CBS Construction
  • Exterior Description: Fence, High Impact Doors, Exterior Lights, Open Balcony, Patio
  • Cooling System: Central Cooling, Electric Cooling
  • Heating: Central Heat, Electric Heat
  • Water: Municipal Water
  • Sewer: Municipal Sewer
  • Cable Available: Yes
  • Parking Spaces: 4
  • County: Miami-Dade County
  • Area: 42
  • Subdivision: Tropical Isle Homes
  • Community: tropical isle homes
  • Net Operating Income: 130000
  • Gross Rent Income: 168000

MAP LOCATION FOR 290 FERNWOOD RD KEY BISCAYNE, FL 33149

Directions: Rickenbacker Cswy.-Right on Harbor Dr. At round about-take 2nd exit to Fernwood Road. Property on right!

Listing courtesy of Brown Harris Stevens

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