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    1326 110Th St Miami, FL 33161

    For Sale
    $849,900

    Five-unit building, high cash flow, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional five-unit multifamily property, situated at 1326 NE 110th St in Miami, Florida, 33161, presents a compelling investment opportunity. Built in 1945, this property boasts strong curb appeal and a consistently high occupancy rate, making it a true cash cow. Located in the desirable North Dade area, its prime location ensures ease of renting and sustained demand. The property's low operating expenses contribute significantly to its profitability. Detailed rent rolls and expense reports are available upon request, providing complete transparency into the property's financial performance. The seller is offering attractive financing options, requiring a $300,000 down payment at a favorable interest rate. This is an ideal investment for those seeking a stable, high-yielding asset in a thriving Miami neighborhood. The property's strong performance history and attractive financing terms make it a rare find in the current market. Serious inquiries are encouraged to explore this exceptional opportunity further. Contact the listing agent for showing instructions and to obtain the financial documentation.

    Property Features for 1326 110Th St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1945

    HighLights

    • $849,900 asking price.
    • Five‑unit multifamily property.
    • Built in 1945.
    • Located in Miami, FL, in the North Dade area.
    • Excellent rental history and low operating expenses.
    • Owner financing available with a $300,000 down payment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -80.1708797
    Latitude
    25.8763966

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    FAQs

    What type of property is this?
    Multifamily property - Five-unit building, high cash flow, excellent location.
    Where is this multifamily property located?
    The property is located at 1326 110Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $849,900.
    What are key features of this property?
    This property features: $849,900 asking price.; Five-unit multifamily property.; Built in 1945.
    Request Owner's contact information
    1326 110Th St Miami, FL 33161
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    Miami, FL 33161
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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
    1326 110Th St Miami, FL 33161
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