Unique opportunity in West Miami. This property is optimized to generate significant passive income. It is divided into three rental units: a spacious 3/1, a separate studio, and a guest house converted into a 2/1 apartment, currently generating a combined monthly income. Vacancy will be available starting September 15, 2025, offering flexibility for new tenants or personal use. Plumbing and electrical updates were added in 2023, water heater for the main unit (2024), two air conditioning units (one replaced in 2024), and a freestanding wall unit for the studio. All units feature modern kitchens with updated countertops and fully remodeled bathrooms with modern finishes. Located near Coral Gables, Miami International Airport, and major highways. Property offers high potential.
Realty One Group Evolution
Features & Details
Learn about the features and details of 3031 SW 64th Ave
Property Details
Property Type
SingleFamilyResidence
Living Area
2,340 sqft
Year Built
1952
Lot Size
7,500 sqft
Stories
-
Annual Tax
$12,324.00
List Date
8/22/2025
Updated
9/10/2025
Last Checked
Recent
MLS Number
#A11864416
Brokerage
Realty One Group Evolution
Postal Code
33155
Area
Miami-Dade County
City
Miami
Additional Property Features
Occupancy
Tenant
List Price
$1,010,000.00
Unit Number
-
Construction
Block
Heating
Central
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
Central Air
Elevator
No
Locker
No
Swimming Pool
None
Patio
Open,Patio,Porch
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2024
Assignment
No
Extras Included
Dryer, Dishwasher, Electric water heater, Microwave
Inside
Bedrooms & Baths
6 Bed, 3 Bath
Bedrooms
6
Full Bathrooms
3
Ensuite
Yes
Bathrooms
3
Flooring
Mixed
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Price history
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Mortgage Calculator
Estimate monthly payments for 3031 SW 64th Ave
$0
20.0%
$1,010,000
1%
5.25%
10%
25 Years
Monthly
Estimated Monthly Payment
$4,842
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Cash Flow Analysis
Mortgage Payment:
$4,841.92
Monthly Payment:
$5,868.92
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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Discover this exceptional singlefamilyresidence in the heart of Coral Terrace, Miami. This well-appointed property offers 6 bedrooms, 3 bathrooms, 2,340 square feet of living space situated on a 7,500 square foot lot. Originally built in 1952. Offered at $1,010,000.00 The property comes with Dryer, Dishwasher, Electric water heater, Microwave. Don't miss this opportunity to own in one of the area's most desirable locations.
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.