About this Property
Submit 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. 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/1BA unit, the layout provides functionality and long-term value.
The 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.
The property also includes a 2BR/1BA in-law quarters with full kitchen, washer & dryer, private entrance, and separate meters. Currently rented at $2,650/month (month-to-month)
Additional Highlights:
• 3 on-site parking spaces plus ample street parking
• Dedicated space for RV or boat parking, Coconut grove marina less than 1 mile away.
• Private storage room
• Expansive paved backyard for entertaining or future enhancements
Prime central location just minutes from Coral Way, Brickell, Downtown Miami, Coconut Grove, and major highways.
Property Tour
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Disclaimer
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 Hand Keys Realty.