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    1117 13Th St Miami, FL 33129

    Sponsored
    For Sale
    $1,774,999

    Exceptional 2-unit duplex, fully remodeled, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This stunning two-unit duplex, located at 1117 SW 13th St, Miami, FL 33129, presents a rare investment opportunity in Miami's desirable Miami-Dade County. Built in 1938, this two-story building boasts hurricane impact windows throughout, providing peace of mind and enhanced security. The property comprises two distinct units, offering a combined total of seven bedrooms and six bathrooms. The front unit features three bedrooms and two bathrooms, while the rear unit, completely remodeled in 2022, offers four bedrooms and four bathrooms. Each unit is equipped with its own in-unit washer and dryer, adding to the convenience and appeal for tenants. Situated just minutes from the vibrant Calle Ocho and the bustling Brickell financial district, this property benefits from an unparalleled location, offering easy access to a wealth of amenities, entertainment, and employment opportunities. The asking price for this exceptional property is $1,774,999. This is an ideal opportunity for investors seeking a high-return property in a rapidly appreciating market. The combination of a prime location, updated units, and strong rental potential makes this duplex a truly exceptional investment.

    Property Features for 1117 13Th St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1938
    Stories
    2
    Units
    2

    HighLights

    • Exceptional two‑unit duplex in Miami's desirable Miami‑Dade County.
    • 1938‑built, two‑story building with hurricane impact windows.
    • Seven bedrooms and six bathrooms total; three bedrooms/two baths in front unit, four bedrooms/four baths in remodeled (2022) rear unit.
    • Each unit features in‑unit laundry.
    • Prime location near Calle Ocho and Brickell; strong rental potential.
    • Asking price: $1,774,999.
    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 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
    -80.213049
    Latitude
    25.7611087

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    FAQs

    What type of property is this?
    Multifamily property - Exceptional 2-unit duplex, fully remodeled, prime location.
    Where is this multifamily property located?
    The property is located at 1117 13Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $1,774,999.
    What are key features of this property?
    This property features: Exceptional two-unit duplex in Miami's desirable Miami-Dade County.; 1938-built, two-story building with hurricane impact windows.; Seven bedrooms and six bathrooms total; three bedrooms/two baths in front unit, four bedrooms/four baths in remodeled (2022) rear unit.
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    Miami, FL 33129
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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
    1117 13Th St Miami, FL 33129
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