Active

$410,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 1566 sq ft
Overview
  • ID: MFRA4660407
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 1566 sq ft
Property Details
Remarks
Investor Opportunity – Turnkey Duplex in Venice Gardens | 8.9% Cap Rate | Portfolio Deal Available Looking for a smart place to park your money? Skip the stock market and invest in a steady income stream with this fully occupied 2-unit duplex in sought-after Venice Gardens—offering a strong 8.9% cap rate and no rental restrictions. Each side features 2 bedrooms and 1.5 bathrooms, with secure, long-term tenants already in place. Recent upgrades include a new roof, updated flooring, fresh paint, and modern vanities and fixtures—making this a low-maintenance addition to your portfolio. The property generates $40,800 in annual gross income with minimal expenses of just $1,620, delivering a net operating income of $39,180. Utilities are individually metered for tenant accountability, and best of all, the property is not located in a flood zone. Block construction, public utilities, and a central location near beaches, shopping, and schools make this a dependable and desirable investment. Whether you're expanding your portfolio or planning to live in one side and rent the other, this duplex delivers reliable returns and long-term value. Currently, four of these duplexes on Briarwood Rd are available and can be packaged together as a portfolio deal—ideal for investors looking to scale fast. Call to inquiry on purchasing portfolio deal of 460, 528, 544 and 552 Briarwood Road. Opportunities like this don’t hit the market often—act now!
Financial Considerations
Price:
$410,000
HOA Fee:
N/A
Tax Amount:
$3894.87
Price per SqFt:
$261.81
Tax Legal Description:
LOT 1301 VENICE GARDENS UNIT 24
Exterior Features
Lot Size:
8360
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
Range, Refrigerator
Furnished:
No
Floor:
Ceramic Tile
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1972
Construction Type:
Block, Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Private Mailbox
Additional Features 2:
No Rental Restrictions in this area.
Map
  • Address
    460 BRIARWOOD RD
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