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    1 60Th St Miami, FL 33127

    Sponsored
    For Sale
    $810,000

    Remodeled Duplex, High Rental Potential

    Property size:
    1,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This completely remodeled 1-story duplex in Miami, Florida, presents a fantastic investment opportunity. Located at 1 NW 60th St, 33127, in Miami-Dade County, this 1,560 square foot property boasts two units, each featuring two bedrooms and one bathroom. Built in 1988, the property has undergone a complete renovation, including the installation of impact windows and doors, a durable tile roof, and aluminum motorized fences. All units are fully furnished, making them immediately ready for occupancy. The tasteful design and modern amenities make this property ideal for generating rental income, either through long-term leases or short-term rentals such as Airbnb. The property's prime location in Miami offers easy access to various amenities and attractions, further enhancing its investment appeal. The asking price is $810,000. This turnkey investment is ready for a new owner to begin profiting immediately. The property's strong features and desirable location make it a compelling opportunity for investors seeking a high-return, low-maintenance investment in the thriving Miami real estate market. Serious inquiries are encouraged.

    Property Features for 1 60Th St

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,560 SF

    Building Details

    Year Built
    1988
    Stories
    1

    HighLights

    • $810,000 asking price.
    • Multifamily property, specifically a duplex/triplex/quadruplex apartment building.
    • 1,560 square feet.
    • Built in 1988, one story.
    • Located at 1 NW 60th St, Miami, FL 33127.
    • Completely remodeled, furnished, with impact windows/doors, and a tile roof.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office 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
    -80.196635
    Latitude
    25.8310727

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    FAQs

    What type of property is this?
    Multifamily property - Remodeled Duplex, High Rental Potential
    Where is this multifamily property located?
    The property is located at 1 60Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $810,000.
    What are key features of this property?
    This property features: $810,000 asking price.; Multifamily property, specifically a duplex/triplex/quadruplex apartment building.; 1,560 square feet.
    Request Owner's contact information
    1 60Th St Miami, FL 33127
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    Miami, FL 33127
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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
    1 60Th St Miami, FL 33127
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