Prime investment opportunity in El Portal! Fully leased 2-story duplex on a spacious lot with residential office zoning—a savvy investor's dream. Enjoy great visibility on NE 2nd Ave in a central Miami location. Ideal for investors seeking steady rental income and potential for future development. Proximity to Downtown Miami, Miami Shores, Miami Beach, North Bay Village, Design District, Wynwood, UM Jackson Medical Campus, Airports. Act fast, seize this prime opportunity!
Property Details
Property Features
Property Information:
Year Built: 1947
Stories: 2
Living Area: 2,797 SqFt
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (305) 931-8266
Listing Agent: Peangchai Magner Koch P.A
Interior Features
Interior Information:
Flooring Type: Tile, Wood
Exterior Features
Exterior Information:
Exterior: Balcony
Utilities
Utilities Information:
Heating: Central, Electric
Cooling: Central Air, Electric
School Info
Assigned Schools Information:
Miami Edison Senior High School, Public Magnet Grades 9-12
Horace Mann Middle School, Public Magnet Grades 6-8
Miami Shores Elementary School, Public District Grades PK-5
Price Information
Listing Price Info
Price Summary:
List Price: $1,600,000
Price Per SqFt: $572/SqFt
Tax Information:
Annual Amount: $7,864
Tax Year: 2020
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Housing Market Comparison
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Miami Shores Elementary School
10351 NE 5th Ave
Distance between this listing and this school1.04 miles
Public District Grades PK-5
Middle School
3
/10
Horace Mann Middle School
8950 NW 2nd Ave
Distance between this listing and this school0.54 miles
Public Magnet Grades 6-8
High School
3
/10
Miami Edison Senior High School
6161 NW 5th Ct
Distance between this listing and this school1.89 miles
Public Magnet Grades 9-12
Assigned Schools
6
/10
Miami Shores Elementary School
10351 NE 5th Ave
Distance between this listing and this school1.04 miles
Public District Grades PK-5
Nearby Schools
7
/10
Phyllis R. Miller Elementary School
840 NE 87th St
Distance between this listing and this school0.82 miles
Public Magnet Grades PK-5
2
/10
Jesse J. McCrary, Jr. Elementary School
514 NW 77th St
Distance between this listing and this school1.15 miles
Public District Grades PK-5
Assigned Schools
3
/10
Horace Mann Middle School
8950 NW 2nd Ave
Distance between this listing and this school0.54 miles
Public Magnet Grades 6-8
Nearby Schools
3
/10
Aspira Raul Arnaldo Martinez Charter School
13300 Memorial Hwy
Distance between this listing and this school2.79 miles
Public Charter Grades 6-8
4
/10
North Miami Middle School
700 NE 137th St
Distance between this listing and this school3.07 miles
Public Magnet Grades 6-8
Assigned Schools
3
/10
Miami Edison Senior High School
6161 NW 5th Ct
Distance between this listing and this school1.89 miles
Public Magnet Grades 9-12
Nearby Schools
1
/10
Academy For Community Education (Ace)
8950 NW 2nd Ave
Distance between this listing and this school0.54 miles
Public District Grades 9-12
8
/10
Doctors Charter School of Miami Shores
11301 NW 5th Ave
Distance between this listing and this school1.67 miles
The neighbors living near this home have an average income of $59,670. Most El Portal, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 8920 NE 2nd Ave in El Portal, FL and zip code 33138. This 2,797 square foot home was built in 1947. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $1,600,000.
El Portal, FL housing market in April 2024 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 1 sold below. The number of homes for sale in El Portal, FL increased by 50% between March 2024 and April 2024. The median list price of listings available in April 2024 was $957,250, while the average time on the real estate market was 89 days.
From Rocket Homes Real Estate and based on county public records data.