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    1207 110Th St Miami, FL 33161

    For Sale
    $720,000

    Miami Duplex - Updated, Rented

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This charming 2-unit duplex, located at 1207 NE 110th St in Miami, Florida 33161, presents a fantastic investment opportunity. Built in 1955, this single-story building boasts a recent array of upgrades, ensuring both immediate income and long-term value. The property features new plumbing and a new roof installed within the last year, minimizing future maintenance concerns. Individual water meters provide efficient utility management for each unit. Further enhancing its appeal, the duplex includes a new central air conditioning system, less than five years old, and updated electrical systems. Currently rented on a month-to-month basis, this provides flexibility for the new owner. Situated in Miami-Dade County within a multifamily zoning area, this property offers significant potential for future development or expansion. The asking price is $720,000. This turnkey investment is ready for a new owner to step in and enjoy the benefits of a well-maintained, income-producing property in a desirable Miami location. The property's coordinates are 25.8767797 latitude and -80.1734764 longitude.

    Property Features for 1207 110Th St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1955
    Stories
    1
    Units
    2

    HighLights

    • $720,000 asking price.
    • Multifamily property, specifically a two‑unit apartment building (duplex).
    • Built in 1955, one story.
    • Located at 1207 NE 110th St, Miami, FL 33161, in Miami‑Dade County.
    • Features new plumbing, roof, and central AC (less than 5 years old); separate water meters.
    • Month‑to‑month tenant leases.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1734764
    Latitude
    25.8767797

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    FAQs

    What type of property is this?
    Multifamily property - Miami Duplex - Updated, Rented
    Where is this multifamily property located?
    The property is located at 1207 110Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $720,000.
    What are key features of this property?
    This property features: $720,000 asking price.; Multifamily property, specifically a two-unit apartment building (duplex).; Built in 1955, one story.
    Request Owner's contact information
    1207 110Th 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
    1207 110Th St Miami, FL 33161
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