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    1376 35Th St Miami, FL 33142

    For Sale
    $1,950,000

    Four-unit apartment building, excellent ROI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional two-story multifamily property, located at 1376 NW 35th St, Miami, FL 33142, presents a compelling investment opportunity. Built in 1925, this charming building comprises four units, each boasting two bedrooms and one bathroom. The property's strategic location in Miami-Dade County offers significant potential for both long-term rental income and short-term rentals, such as Airbnb, maximizing your return on investment. Two of the units, situated on the second floor, have undergone complete renovations, resulting in modern and appealing living spaces. All four units are currently occupied by tenants, providing immediate cash flow. The asking price for this well-maintained property is $1,950,000. This is a rare chance to acquire a profitable multifamily asset in a thriving Miami neighborhood. The property's solid construction and desirable location make it an attractive investment for both seasoned and new investors seeking a strong return. Don't miss this opportunity to add a high-performing asset to your portfolio.

    Property Features for 1376 35Th St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1925
    Stories
    2
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2191784
    Latitude
    25.8087175

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    FAQs

    What type of property is this?
    Multifamily property - Four-unit apartment building, excellent ROI.
    Where is this multifamily property located?
    The property is located at 1376 35Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $1,950,000.
    Request Owner's contact information
    1376 35Th St Miami, FL 33142
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    Miami, FL 33142
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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
    1376 35Th St Miami, FL 33142
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