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    2215 33Rd St Miami, FL 33142

    For Sale
    $1,050,000

    Solid income, prime Miami location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional two-story apartment building, located at 2215 NW 33rd St in Miami, Florida, presents a compelling investment opportunity. Built in 1952, this multifamily property, classified as an apartment building and specifically a duplex/triplex/quadruplex, is offered at an asking price of $1,050,000. Situated in a rapidly developing area of Miami-Dade County (zip code 33142), the property's size allows for potential expansion through the construction of additional units, significantly increasing its future value and rental income. The property's existing configuration offers a strong foundation for immediate cash flow. Its location in Miami, Florida, provides access to a robust rental market and the potential for significant appreciation. The property's address is 2215 NW 33rd St, Miami, FL 33142. This is a rare chance to acquire a well-positioned multifamily asset in a high-growth area of Miami. The property's existing structure provides a solid base for immediate returns, while its potential for expansion offers significant long-term growth prospects. Serious investors should act quickly to secure this promising investment.

    Property Features for 2215 33Rd St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1952
    Stories
    2

    HighLights

    • $1,050,000 asking price for this multifamily investment opportunity.
    • Miami, FL multifamily property located at 2215 NW 33rd St, Miami‑Dade County, zip code 33142.
    • Two‑story apartment building (duplex/triplex/quadruplex) built in 1952.
    • Strong income potential in an up‑and‑coming Miami neighborhood.
    • Potential for additional unit construction.
    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 Food Market 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
    -80.2324597
    Latitude
    25.8068923

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    FAQs

    What type of property is this?
    Multifamily property - Solid income, prime Miami location.
    Where is this multifamily property located?
    The property is located at 2215 33Rd St Miami, FL.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: $1,050,000 asking price for this multifamily investment opportunity.; Miami, FL multifamily property located at 2215 NW 33rd St, Miami-Dade County, zip code 33142.; Two-story apartment building (duplex/triplex/quadruplex) built in 1952.
    Request Owner's contact information
    2215 33Rd 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
    2215 33Rd St Miami, FL 33142
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