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    3 70Th St Miami, FL 33138

    For Sale
    $530,000

    Two-unit duplex, 1717 sq ft, excellent income.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional Miami investment opportunity presents a well-maintained two-unit duplex boasting 1,717 square feet of living space. Constructed in 1952, the property features durable concrete block construction, a shingle roof, and attractive ceramic tile floors throughout. The duplex offers ample parking with five spaces, ensuring convenience for residents. Exterior lighting enhances security, while a fenced yard provides privacy. A shared laundry facility adds to the property's appeal. The property is serviced by municipal water and sewer, simplifying maintenance. Currently, both units are occupied on a month-to-month basis, providing immediate income potential. This turnkey investment is situated in Miami, Florida, at 3 NE 70th St, 33138, within Miami-Dade County. The property's single-story design and solid construction contribute to its long-term value. With its attractive features and strong rental potential, this duplex represents a compelling investment opportunity in a desirable Miami location. A 24-hour notice is required for viewings.

    Property Features for 3 70Th St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1952
    Stories
    1
    Units
    2

    HighLights

    • $530,000 asking price.
    • Two‑unit multifamily apartment building (duplex).
    • 1,717 square feet of living space.
    • Built in 1952 with concrete block construction.
    • Five parking spaces, fenced yard, and laundry facilities.
    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
    -80.1955537
    Latitude
    25.839483

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    FAQs

    What type of property is this?
    Multifamily property - Two-unit duplex, 1717 sq ft, excellent income.
    Where is this multifamily property located?
    The property is located at 3 70Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $530,000.
    What are key features of this property?
    This property features: $530,000 asking price.; Two-unit multifamily apartment building (duplex).; 1,717 square feet of living space.
    Request Owner's contact information
    3 70Th St 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
    3 70Th St Miami, FL 33138
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