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    163 68Th Ter Miami, FL 33150

    For Sale
    $1,300,000

    Fully rented, modern duplex in Little River.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2-unit apartment building, constructed in 2021, presents a lucrative investment opportunity in Miami's thriving Little River neighborhood. The property boasts two identical, fully rented units, each spanning approximately 1,130 square feet across two stories. Each unit features a thoughtfully designed layout, perfect for modern living. The ground floor showcases an open-concept living, dining, and kitchen area, ideal for entertaining. A convenient powder room complements the main floor, and a washer/dryer is included within each unit for added convenience. Upstairs, three bedrooms and two bathrooms provide ample space for families or shared living arrangements. High-end finishes throughout enhance the property's appeal, including impact windows and doors, porcelain tile flooring, and kitchens equipped with quartz countertops and stainless steel appliances. Individual water and electric meters for each unit ensure efficient utility management and cost allocation. Located at 163 NW 68th Ter, Miami, FL 33150, this property offers a compelling combination of modern amenities, desirable location, and strong rental income potential, making it an attractive addition to any investment portfolio. The asking price is $1,300,000.

    Property Features for 163 68Th Ter

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2021
    Stories
    2
    Units
    2

    HighLights

    • $1,300,000 asking price.
    • Miami, FL multifamily investment opportunity.
    • Two‑unit, 2‑story duplex built in 2021.
    • Each unit features approximately 1,130 square feet of living space.
    • Units boast modern open‑concept layouts, 3 bedrooms, 2 bathrooms, in‑unit laundry, and high‑end finishes including impact windows, porcelain tile, quartz countertops, and stainless steel appliances.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1995662
    Latitude
    25.8378093

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    FAQs

    What type of property is this?
    Multifamily property - Fully rented, modern duplex in Little River.
    Where is this multifamily property located?
    The property is located at 163 68Th Ter Miami, FL.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: $1,300,000 asking price.; Miami, FL multifamily investment opportunity.; Two-unit, 2-story duplex built in 2021.
    Request Owner's contact information
    163 68Th Ter Miami, FL 33150
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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
    163 68Th Ter Miami, FL 33150
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