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    957 122Nd Ave Miami, FL 33184

    Sponsored
    For Sale
    $288,000

    800 SF, $288K, Prime Location

    Property size:
    800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 800-square-foot multifamily property, located at 957 SW 122nd Ave #959 in Miami, Florida, presents a unique investment opportunity. Built in 1983, this apartment building is ideally situated in Miami-Dade County, offering convenient access to the Turnpike and Florida International University (FIU), just five minutes away. The unit is described as a completely redone office space on the second floor, boasting a low maintenance fee and no water damage. Priced at $288,000, this represents a compelling value at $360 per square foot. Cash offers are preferred. An adjacent unit is also available for purchase, providing an opportunity to expand the square footage if needed. The property is part of a small boutique shopping condominium complex. The address is verified as 957 SW 122nd Ave # 957, with zip code 33184. The property's coordinates are 25.7592243 latitude and -80.3923468 longitude.

    Property Features for 957 122Nd Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    800 SF

    Building Details

    Year Built
    1983

    HighLights

    • Asking price: $288,000
    • 800 square foot office/multifamily building
    • Located in Miami, FL, 33184
    • Built in 1983
    • Centrally located, 5 minutes to Turnpike and FIU.
    Property Profile Location Intelligence

    Current Use by Public Records

    Celebracion Christian Church Vive Church Church SALAZAR HOME HEALTH ... Home Health Care Service Ministerio Liderazgo Hoy Hispanic Church

    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
    -80.3923468
    Latitude
    25.7592243

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    FAQs

    What type of property is this?
    Multifamily property - 800 SF, $288K, Prime Location
    Where is this multifamily property located?
    The property is located at 957 122Nd Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $288,000.
    What are key features of this property?
    This property features: Asking price: $288,000; 800 square foot office/multifamily building; Located in Miami, FL, 33184
    Request Owner's contact information
    957 122Nd Ave Miami, FL 33184
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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
    957 122Nd Ave Miami, FL 33184
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