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    546-548 65Th St Miami, FL 33138

    For Sale
    $2,695,000

    5-Unit Building, Luxury Finishes

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 5-unit apartment building, located at 546-548 NE 65th St, Miami, FL 33138, presents a lucrative investment opportunity in the heart of Miami. Built in 1946 and boasting a two-story design, this completely remodeled property offers high rental demand and luxury finishes throughout. Each of the five units is currently furnished and income-generating. Upgrades include a new roof, two new energy-efficient central air conditioning systems, smart home system with integrated lighting and speakers, top-of-the-line porcelain tile, custom contemporary cabinetry, Italian doors, quartz countertops, and high-impact windows and doors. The property also features a large backyard oasis complete with a Jacuzzi, swimming pool, and BBQ area. Its prime location provides easy access to Miami International Airport, the Design District, Wynwood, Brickell, Downtown Miami, South Beach, and Aventura, surrounded by amenities, schools, and cultural attractions. The property is zoned for 2-9 units, making it ideal for investors seeking to maximize income, potentially through expansion or further unit development. This turnkey investment is ready for immediate income generation and offers a unique blend of luxury living and high-return potential. The property's strong rental demand and desirable location make it an exceptional opportunity for discerning investors.

    Property Features for 546-548 65Th St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1946
    Stories
    2
    Units
    5

    HighLights

    • $2,695,000 asking price for a 5‑unit multifamily apartment building.
    • Located at 546‑548 NE 65th St, Miami, FL 33138.
    • 1946 construction, two‑story building.
    • Fully furnished, income‑generating property with high rental demand.
    • Features luxury finishes, including smart home systems, porcelain tile, custom cabinetry, and new HVAC systems.
    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 Clothing Store Building Supply 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
    -80.1853656
    Latitude
    25.8355517

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    FAQs

    What type of property is this?
    Multifamily property - 5-Unit Building, Luxury Finishes
    Where is this multifamily property located?
    The property is located at 546-548 65Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $2,695,000.
    What are key features of this property?
    This property features: $2,695,000 asking price for a 5-unit multifamily apartment building.; Located at 546-548 NE 65th St, Miami, FL 33138.; 1946 construction, two-story building.
    Request Owner's contact information
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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
    546-548 65Th St Miami, FL 33138
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