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    1225 11Th Ave Miami, FL 33129

    For Sale
    $1,250,000

    Prime Miami location, high-income potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 11,250 sq ft lot at 1225 SW 11th Ave, Miami, FL 33129, presents a unique investment opportunity. Currently operating as a duplex generating strong rental income, the property offers significant potential for redevelopment. Built in 1952, this single-story building sits on a substantial lot in a highly desirable Miami neighborhood. Its location provides unparalleled access to downtown Miami, Brickell, Coral Gables, and Miami Beach, offering residents easy access to a wide array of dining, shopping, and entertainment venues. The property's proximity to parks, schools, and cultural attractions further enhances its appeal to families and professionals. Zoned for residential use, this lot allows for flexible design options, making it an ideal canvas for a new development project, such as a townhome community. The asking price is $1,250,000. This represents a rare chance to acquire a property in a prime Miami location with substantial potential for significant returns. Don't miss this chance to capitalize on the thriving Miami real estate market.

    Property Features for 1225 11Th Ave

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1952
    Stories
    1

    HighLights

    • Exceptional 11,250 sq ft lot in Miami, FL.
    • Currently a duplex with strong rental income.
    • Located in a highly desirable Miami neighborhood near downtown, Brickell, Coral Gables, and Miami Beach.
    • Zoned residential, ideal for redevelopment (e.g., townhomes).
    • Asking price: $1,250,000.
    Property Profile Insight Report 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
    -80.2124148
    Latitude
    25.7615944

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    FAQs

    What type of property is this?
    Multifamily property - Prime Miami location, high-income potential.
    Where is this multifamily property located?
    The property is located at 1225 11Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Exceptional 11,250 sq ft lot in Miami, FL.; Currently a duplex with strong rental income.; Located in a highly desirable Miami neighborhood near downtown, Brickell, Coral Gables, and Miami Beach.
    Request Owner's contact information
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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
    1225 11Th Ave Miami, FL 33129
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