Active

$440,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 1566 sq ft
Overview
  • ID: MFRA4660433
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 1566 sq ft
Property Details
Remarks
Renovated Duplex in Venice Gardens | 9.3% Cap Rate | No Flood Zone | Portfolio Deal Available Put your money to work—skip the volatility of the stock market and invest in a stable, cash-flowing duplex in a high-demand location. 552 Briarwood Rd offers a strong 9.3% cap rate, no rental restrictions, and long-term tenants already in place, making it a prime opportunity for both investors and owner-occupants. This property features two 2-bedroom, 1.5 bathroom units. One side has been completely gut renovated, while the other has been thoughtfully modernized with new paint, lighting, fixtures, and luxury vinyl flooring—a perfect blend of turnkey income and long-term durability. Each unit is individually metered for water and electric. Generating $40,200 in annual gross income, this property nets $38,580 after minimal annual expenses of just $1,620. Block construction, central utilities, and a prime location close to beaches, shopping, and schools round out the offering. There are very few income properties like this that become available—especially ones this clean, updated, and already producing. 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. Don’t miss your chance to lock in reliable rental income from day one.
Financial Considerations
Price:
$440,000
HOA Fee:
N/A
Tax Amount:
$4159.46
Price per SqFt:
$280.97
Tax Legal Description:
LOT 1318 VENICE GARDENS UNIT 29
Exterior Features
Lot Size:
8713
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:
Microwave, Range, Refrigerator
Furnished:
No
Floor:
Luxury Vinyl
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1973
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Private Mailbox
Additional Features 2:
No Rental Restrictions in this area.
Map
  • Address
    552 BRIARWOOD RD
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