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    15 70Th St Miami, FL 33138

    For Sale
    $825,000

    Prime Miami location, strong rental history.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional one-story, 1941-built apartment building located at 15 NE 70th St, Miami, FL 33138, presents a compelling investment opportunity in Miami-Dade County. Offered at $825,000, this multifamily property, classified as an apartment building/duplex/triplex/quadruplex, is situated in a thriving neighborhood within an opportunity zone. The property features multiple spacious units, each updated with modern finishes and abundant natural light, ensuring high tenant satisfaction and low vacancy rates. Its strong rental history makes it an attractive addition to any investment portfolio. The convenient location offers easy access to local amenities, parks, and public transportation, further enhancing its appeal. This well-maintained property represents a promising investment in a growing market, providing a stable income stream and significant potential for future appreciation. The property's single-story design simplifies maintenance and management. This is a rare opportunity to acquire a solid, income-generating asset in a desirable Miami location.

    Property Features for 15 70Th St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1941
    Stories
    1

    HighLights

    • $825,000 asking price.
    • Multifamily apartment building, duplex/triplex/quadruplex.
    • 1941 construction, one‑story building.
    • Located at 15 NE 70th St, Miami, FL 33138, in Miami‑Dade County.
    • Strong rental history and low vacancy rates in a desirable Miami neighborhood.
    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 Building Supply Clothing Store 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
    -80.1959054
    Latitude
    25.8395057

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    FAQs

    What type of property is this?
    Multifamily property - Prime Miami location, strong rental history.
    Where is this multifamily property located?
    The property is located at 15 70Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: $825,000 asking price.; Multifamily apartment building, duplex/triplex/quadruplex.; 1941 construction, one-story building.
    Request Owner's contact information
    15 70Th St Miami, FL 33138
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    Miami, FL 33138
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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
    15 70Th St Miami, FL 33138
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