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    3199 26Th St Miami, FL 33133

    For Sale
    $775,000

    Charming duplex, high rental income, Coconut Grove.

    Property size:
    1,608 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This charming 1-story, 1,608 sq ft duplex, built in 1941, is located at 3199 SW 26th St, Miami, FL 33133, in the desirable Coconut Grove neighborhood, minutes from Coral Gables and Brickell. The property features two spacious units with modern finishes and private outdoor spaces, making it ideal for both investors and owner-occupants. Unit one boasts a 2-bedroom, 1-bathroom layout, while unit two offers a 1-bedroom, 1-bathroom configuration. Both units benefit from separate electric meters for convenient utility management. The property boasts a brand-new roof and flooring, adding significant value and reducing maintenance concerns. Its prime location offers easy access to excellent schools, top-rated restaurants, shopping, and public transportation. The absence of a homeowner's association (HOA) further enhances its appeal. This multifamily investment opportunity is priced at $775,000 and presents a fantastic chance to capitalize on Miami's thriving rental market. Don't miss this exceptional opportunity to acquire a well-maintained, income-generating property in a highly sought-after area.

    Property Features for 3199 26Th St

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,608 SF

    Building Details

    Year Built
    1941
    Stories
    1

    HighLights

    • $775,000 asking price.
    • Multifamily property, specifically a duplex/triplex/quadruplex apartment building.
    • 1,608 square feet.
    • Built in 1941, one story.
    • Located at 3199 SW 26th St, Miami, FL 33133.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
    -80.2459629
    Latitude
    25.7438602

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    FAQs

    What type of property is this?
    Multifamily property - Charming duplex, high rental income, Coconut Grove.
    Where is this multifamily property located?
    The property is located at 3199 26Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: $775,000 asking price.; Multifamily property, specifically a duplex/triplex/quadruplex apartment building.; 1,608 square feet.
    Request Owner's contact information
    3199 26Th St Miami, FL 33133
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    Miami, FL 33133
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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
    3199 26Th St Miami, FL 33133
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