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    81 41St St Miami, FL 33127

    For Sale
    $1,200,000

    Miami 2-unit, 7,200 sq ft lot

    Property size:
    2,307 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional Miami property presents a unique development opportunity in the desirable Buena Vista neighborhood. Priced at $1,200,000, this C-Class multifamily land parcel offers 7,200 square feet of space, currently featuring a two-story, two-unit residential building with a total of 2,307 square feet. The T3-L zoning permits the construction of a two-story single-family home and an accessory unit, allowing for significant expansion and customization. Imagine building your dream home on this expansive lot, which provides ample parking and open space. The property's location offers unparalleled convenience, situated just four minutes from Wynwood, three minutes from the Miami Design District, and a short 20-minute drive to Miami Beach. Buena Vista itself is known for its quiet residential atmosphere, providing a peaceful retreat while remaining close to vibrant urban centers. This is a rare chance to create a stunning residence in a highly sought-after Miami location. The existing structure provides immediate income potential while offering the flexibility to build anew. Don't miss this chance to own a piece of Miami's thriving real estate market. This is a truly exceptional opportunity for an owner/user seeking a prime location and development potential.

    Property Features for 81 41St St

    General Information

    Property type
    Multifamily properties
    Square Feet
    2,307 SF
    Class
    C

    Building Details

    Stories
    2
    Units
    2

    HighLights

    • $1,200,000 asking price.
    • Multifamily land, single‑family development opportunity.
    • Class C property with 2,307 square feet.
    • Two units on two stories, situated on a 7,200 square foot lot.
    • T3‑L zoning permits a two‑story single‑family home and accessory unit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    DIESEL STORE MIAMI ... Clothing Store

    Suggested Use

    Realty agency Law Firm Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Daycare Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1972262
    Latitude
    25.8143388

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    FAQs

    What type of property is this?
    Multifamily property - Miami 2-unit, 7,200 sq ft lot
    Where is this multifamily property located?
    The property is located at 81 41St St Miami, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price.; Multifamily land, single-family development opportunity.; Class C property with 2,307 square feet.
    Request Owner's contact information
    81 41St 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
    81 41St St Miami, FL 33127
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