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Price: $849,000
MLS Number: A11965861
 Single Family
1545 NW 8th Ter, Miami, Florida 33125 USA
 Beds: 5
 
 Baths: 3
 
 Half Baths: 1
 Living Area: 2,628
 
 Lot Square Feet: 5,570
 
 HOA Fees: 
 Year Built: 1926
 
 Community: GROVE PARK
 
 Subdivision: GROVE PARK
 Junior High: Citrus Grove
 
 High School: Miami Jackson
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About this Property
This charming single-family home blends historical charm with modern finishes, offering both character and contemporary style. Located in the heart of Miami, this home is just minutes from River Landing Mall, Miami International Airport, Brickell, Marlins Stadium, hospitals, shops, and more! The property consists of two independent structures. The main house is a two-story building with four bedrooms and 2 ½ bathrooms. The in-laws' quarters are separate and have one bedroom and one full bathroom. This property is ideal for an investor who can rent both properties independently. In this way, it is a very attractive income-producing property. The main building with 4/2.5 is rented for an average of $4,600-$5,000. The inlaws are currently rented for $1,400 per month, but they could be rented for $1,700-$1,800. Another possibility is for a new owner to live in the main house and rent the in-laws' unit for extra income. Due to its central location, this home has easy access to shops, restaurants, good schools, and other parts of the city and the beaches. Downtown Miami is less than a mile away (0.91), making it an excellent, short trip to the many amenities this part of the city offers now and in the near future. In the corner of the street, there is the Grove Park, from the National Register Historic District.

About the Area
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Jordan Realty.

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