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10621 SW 77th Ct

Pinecrest, FL 33156

– beds
– baths
3,275 sqft
$570 per sqft
2022 build
– on site

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*ALREADY PRODUCING $12,000 PER MONTH. BOTH UNITS RENTED* Collect rent from high quality tenants that make passive income a breeze. This duplex is now producing $12,000 a month. With a low initial tax basis, this property is destined to be a great investment. It has been extensively renovated and is basically brand new: new roof, new pool, new bathrooms, new tile. The below financials are already in place and end up at a cap rate of ~6.2%. Effortlessly get your cash into the mid teens when purchased with leverage. Monthly income: $12,000 Yearly property taxes $17,000 (includes post-purchase adjustment) Yearly insurance $4,000 Yearly utilities & misc costs $2,400 Total expenses $23,400 Total income $144,000 ***NOI $120,600*** @ ~6.1% cap rate = $1,970,000

Listing courtesy of MLSM / Urban Key Realty Corp

Last checked: Checking… • Last updated Apr 3, 2025 •

MLS# A11239953 —

The Building

Year Built:

2022
Year Built Details:

Effective Year Built
New Construction:

true
Stories:

1
Levels:

One
Roof:

Shingle
Building Area Total:

4191.0

Interior

Flooring:

CeramicTile, Marble

Room Dimensions

Living Area:

3275.0

Financial & Terms

Buyer Financing:

Cash
Possession:

Other

The Property

Parcel Number:

20 50 10 037 0020
Property Type:

ResidentialIncome
Property Subtype:

Duplex
Property Subtype Additional:

Duplex
Zoning Description:

5700
Possible Use:

Investment
Lot Features:

QuarterToHalfAcreLot
Lot Size Units:

SquareFeet
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2021
Tax Annual Amount:

$12,214
Tax Legal Description:

PALMETTO DUPLEXES ADDN NO 1 PB 90-84 LOT 7 BLK 1 OR 16218-2113 0194 1 F/A/U 30-5010-037-0020 COC 24312-4983 02 2006 1

The Listing

Disclosures:

OwnerIsListingAgent
Rent Includes:

Gardener,Water

Heating & Cooling

Heating:

Other
Cooling:

CentralAir, CeilingFans, Electric
Cooling:

true

Utilities

Utilities:

CableAvailable
Sewer:

SepticTank

The Community

Subdivision Name:

Palmetto Duplexes Addn No
Pool Features:

Fenced, InGround, Other, Pool
Development Status:

NewConstruction

Parking

Parking Total:

4.0

Explore the Area

My Commute

From

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
9/1/22 Sep 1, 2022	Sold	MLSM	$1,870,000

Multifamily Sold on 9/1/2022

$1,870,000

Listing provided by broker:

Raphael Hillis

Urban Key Realty Corp

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Listing Courtesy of: MLSM and Urban Key Realty Corp.

Based on information from the MLS MIAMI 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. MLSM, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. MLSM and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

10621 SW 77th Ct

Pinecrest, FL 33156