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    301 34Th St Miami, FL 33127

    For Sale
    $1,650,000

    Renovated Duplex, Excellent Location, High Growth Area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents a beautifully renovated 4-bedroom, 2-bathroom duplex located at 301 NW 34th St, Miami, FL 33127. Situated in the heart of Wynwood's rapidly developing district, this property offers unparalleled access to the vibrant Midtown and Art District, as well as the iconic Wynwood Walls, all within walking distance. Built in 1966, this single-story apartment building boasts completely remodeled units, featuring updated kitchens and new appliances. The asking price for this multifamily property is $1,650,000. This duplex presents a compelling opportunity for both seasoned investors and developers seeking a foothold in one of Miami's most sought-after neighborhoods. The property's prime location and recent renovations ensure strong rental income potential and significant appreciation prospects in a market experiencing substantial redevelopment. This is a rare chance to acquire a turnkey investment property in a high-growth area with exceptional long-term potential. The property is classified as an apartment building, specifically a duplex/triplex/quadruplex.

    Property Features for 301 34Th St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1966
    Stories
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Food Market Daycare Center Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2015365
    Latitude
    25.8086496

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    FAQs

    What type of property is this?
    Multifamily property - Renovated Duplex, Excellent Location, High Growth Area.
    Where is this multifamily property located?
    The property is located at 301 34Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $1,650,000.
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    301 34Th St Miami, FL 33127
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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
    301 34Th St Miami, FL 33127
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