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    175 68Th St Miami, FL 33150

    Sponsored
    For Sale
    $675,000

    Prime Miami location, two-unit building.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1956-built, single-story duplex in Miami, Florida, presents a compelling investment opportunity. Located at 175 NW 68th St, Miami, FL 33150, this multifamily property is offered at $675,000. Each of the two units boasts two bedrooms and one bathroom, providing comfortable living spaces for tenants. The property features hurricane impact glass windows throughout, ensuring both safety and energy efficiency. Significant upgrades have been made, including a new roof installed just five years ago, providing peace of mind for years to come. Independent electrical meters allow for efficient utility billing and management. Furthermore, the plumbing system has been updated with modern PVC piping, minimizing maintenance concerns. This property is situated in Miami-Dade County and offers a strong potential for rental income and appreciation. The convenient location in Miami adds to its desirability. This is an excellent opportunity for investors seeking a well-maintained, updated duplex in a thriving market.

    Property Features for 175 68Th St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1956
    Stories
    1
    Property Profile 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
    -80.1997803
    Latitude
    25.8372337

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    FAQs

    What type of property is this?
    Multifamily property - Prime Miami location, two-unit building.
    Where is this multifamily property located?
    The property is located at 175 68Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $675,000.
    Request Owner's contact information
    175 68Th St Miami, FL 33150
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    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
    175 68Th St Miami, FL 33150
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