Active

$440,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 1686 sq ft
Overview
  • ID: MFRA4660436
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 1686 sq ft
Property Details
Remarks
Turnkey Venice Duplex | 9.4% Cap Rate | No Flood Zone | Portfolio Deal Available Why gamble on the stock market when you can lock in steady returns with this cash-flowing duplex in the heart of Venice Gardens? 544 Briarwood Rd is a fully occupied, income-producing duplex offering a strong 9.4% cap rate and no rental restrictions, making it a perfect fit for both seasoned investors and owner-occupants. Each unit includes 2 bedrooms and 1.5 bathrooms, with secure, long-term tenants already in place. Recent improvements include a new roof, updated flooring, fresh interior paint, and refreshed bathroom vanities and fixtures—delivering peace of mind and minimal upkeep for years to come. This property brings in $42,900 in annual gross income with net operating income of $41,280, and annual expenses are impressively low at just $1,620. Located outside of the flood zone, with individual utility metering and solid block construction, this is the type of reliable asset that rarely hits the market. Whether you're building your portfolio or looking to live in one unit while renting the other, this is your chance to own a high-performing duplex in one of Venice’s most convenient and stable neighborhoods. 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. Income opportunities like this are limited—secure it while you can!
Financial Considerations
Price:
$440,000
HOA Fee:
N/A
Tax Amount:
$4259.67
Price per SqFt:
$260.97
Tax Legal Description:
LOT 1316 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:
Range, Refrigerator
Furnished:
No
Floor:
N/A
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, Rain Gutters
Additional Features 2:
No Rental Restrictions in this area.
Map
  • Address
    544 BRIARWOOD RD
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