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    21 32Nd St Miami, FL 33125

    For Sale
    $800,000

    Spacious Miami duplex, high rental income.

    Property size:
    1,896 SF

    Description

    Added:
    Feb 11, 2025
    Days on Market:
    300
    This exceptional investment opportunity presents a charming 1-story duplex located at 21 NW 32 COURT, Miami, FL 33125, in the heart of Miami's Flagler and NW 32 Court area. Built in 1960, this property boasts a total square footage of 1,896 square feet and offers a fantastic return on investment. The duplex comprises two identical units, each featuring two bedrooms and one bathroom, complete with in-unit washer and dryer hookups. Given the current market rental rates in the 33125 zip code, each unit commands approximately $2,500 per month in rent, generating substantial monthly income. This multifamily property is situated in Miami-Dade County and presents a rare chance to acquire a well-maintained, income-producing asset in a highly desirable Miami neighborhood. The property's location offers easy access to local amenities and transportation, making it an attractive option for tenants. The asking price for this turnkey investment is $800,000. This represents a compelling opportunity for investors seeking strong cash flow and potential appreciation in a thriving Miami market. Don't miss this chance to add a valuable asset to your portfolio.

    Property Features for 21 32Nd St

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,896 SF

    Building Details

    Year Built
    1960
    Stories
    1

    HighLights

    • $800,000 asking price.
    • Multifamily apartment building (duplex/triplex/quadruplex).
    • 1,896 square feet.
    • Built in 1960, one story.
    • Located at 21 NW 32 COURT, Miami, FL 33125.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2478441
    Latitude
    25.7724954

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    FAQs

    What type of property is this?
    Multifamily property - Spacious Miami duplex, high rental income.
    Where is this multifamily property located?
    The property is located at 21 32Nd St Miami, FL.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: $800,000 asking price.; Multifamily apartment building (duplex/triplex/quadruplex).; 1,896 square feet.
    Request Owner's contact information
    21 32Nd St Miami, FL 33125
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21 32Nd St Miami, FL 33125
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