Rent report generated Feb 14, 2025
The Rent Potential of
230 NW 57th Ct Miami, FL
is $4,656 – $4,791/mo.
Rent Advice
This Miami multi-family property, located in West Flagler Park, offers a promising opportunity with its two rental units. Based on neighborhood comps, the estimated monthly rent ranges from $4.6K to $4.8K. With a list price of $739.9K, the estimated payback period could range from 13 to 14 years, considering steady market conditions. Key property features, such as a central location and recent upgrades, enhance its appeal, although its age might pose maintenance challenges.
To maximize rental income, consider modernizing interiors and enhancing curb appeal. Energy-efficient upgrades could reduce operational costs. If selling, highlight the property's strategic location, potential for rental income, and recent upgrades like the impact windows and new A/C. Address any potential maintenance issues proactively to attract discerning buyers or tenants.
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