Don't miss this exceptional investment opportunity—four detached single-family homes being sold together as one package at 597-599 Midland Avenue in the heart of Midland Beach. This rare offering includes: • 597F Midland Avenue: 2 bedrooms, 2.5 bathrooms • 597R Midland Avenue: 1 bedroom, 1 bathroom • 599F Midland Avenue:… Read More 2 bedrooms, 1.5 bathrooms (vacant and ready for immediate occupancy) • 599R Midland Avenue: 1 bedroom, 1 bathroom All existing tenants paying rent on time, providing stable and reliable rental income. None of the units are subject to rent control, offering greater flexibility for future ownership and investment. Conveniently located near shopping, restaurants, schools, public transportation, and just minutes from Midland Beach, this property combines an excellent location with outstanding income potential. Whether you're an investor seeking strong cash flow or an owner looking to occupy one home while generating rental income from the others, this is a truly one-of-a-kind opportunity. Schedule your private showing today! Read Less
Courtesy of Reliance Realty One.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family
Beds
6
Full Baths
4
Partial Baths
2
Square Ft.
840
Lot Size
0.09 Acres
Year Built
1899
MLS Number
2603676
30 Days Snapshot Of 10306
$425k
0%
(avg) sold price
0
-100%
homes sold
115
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: "None"
Building
Built in 1899, Building area total: 840, Levels: "One", "Two", 2 stories, Construction materials: "Vinyl Siding"
Cooling
"Units"
Fence
"Fenced"
Heating
"Natural Gas", "Hot Water"
Income
Gross income: $84,000, Net operating income: $65,000
Lot
0.09 acres, 4,000 square feet, Area: 4,000
Parking
"On Street"
Property
Zoning: R 3-2
Sewer
"Public Sewer"
Taxes
Tax annual amount: $5,058
Utilities
Electric: "220 Volts"
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