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    595 NE 129Th St Miami, FL 33161

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    For Sale
    $2,495,000

    Eight-unit multifamily property in North Miami with significant remodel underway.

    Lot size:
    0.30 Acres

    Property Features for 595 NE 129Th St

    General Information

    Lot size
    0.30 Acres

    Building Details

    Year built
    1946

    Source: Cisca Real Estate Agent Bryan Levy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    North Miami Multifamily Investment Opportunity

    This is an eight-unit multifamily property located on NE 6th Avenue in North Miami. Each unit features one bedroom and one bathroom. The seller has completed approximately 60% of the building's total remodel. Completed renovations include new interior structural components, new rough plumbing throughout, and new impact windows. The ongoing remodel includes new electrical systems throughout, new drywall, bathrooms and kitchens, flooring, and finishes. The remaining construction is estimated to take four to six months. Rental estimates range between $2,000 and $2,500 per unit, with long-term development potential.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.186953
    Latitude
    25.894104

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    FAQs

    What type of property is this?
    Apartment building - Eight-unit multifamily property in North Miami with significant remodel underway.
    Where is this apartment building located?
    The property is located at 595 NE 129Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $2,495,000.
    What are key features of this property?
    This property features: - High ROI potential with estimated rental income of $2,000-$2,500 per unit.; - Substantial remodel already completed (approximately 60%), including structural, plumbing, impact windows, and electrical.; - Eight-unit building provides significant investment scale.
    (305) 546-9657
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    595 NE 129Th St Miami, FL 33161
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    Miami, FL 33161
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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
    595 NE 129Th St Miami, FL 33161
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