Exceptional Palmetto Bay opportunity combining immediate income, long-term value, and future occupancy flexibility. Currently leased at $8,500/month through March 2027, with the same tenant in place since March 2025, the property offers proven rental history, income stability, and predictable cash flow during the lease term. This fully remodeled luxury residence 5BR/4BA offers 3,045 SF of living space, strong long-term upside, clear pool potential, and future end-user appeal in one of Palmetto Bay’s most desirable residential areas. Ideal for investors, 1031 Exchange buyers, or future homeowners planning ahead who want to secure a quality asset now while benefiting from rental income in the interim. Current lease income may help offset carrying costs during the lease term, creating a compelling opportunity for buyers seeking income today and lifestyle flexibility tomorrow. Qualified offers will be reviewed through May 31st
Location not available
Listing
Street
Satellite
Exterior Features
Style Detached, Two Story
Construction Single Family
Siding CBS Construction
Exterior Open Balcony, Room For Pool
Roof Shingle
Garage Yes
Garage Description 2
Water Municipal Water, Well
Sewer Septic Tank
Lot Description 1/4 To Less Than 1/2 Acre Lot, East Of US 1, Interior Lot
Interior Features
Appliances Dryer, Gas Water Heater, Microwave, Gas Range, Refrigerator, Wall Oven
Heating Central
Cooling Central Air
Year Built 1979
Neighborhood & Schools
Subdivision PINEWOOD ESTS 3RD ADDN
Middle School Southwood
High School Miami Palmetto
Financial Information
Parcel ID 33-50-34-024-0250
Zoning 2100
Listing Information
Properties displayed may be listed or sold by various participants in the MLS.