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    22112 115 Ct Goulds, FL 33170

    Sponsored
    For Sale
    $699,900

    Miami-Dade Duplex, Updated, High Income Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Goulds, Florida duplex presents a rare investment opportunity in a well-established southwest Miami-Dade neighborhood. The property, built in 1961, features two units, each boasting three bedrooms and one bathroom. Recent renovations include a new roof, impact windows, and security bars, enhancing both security and energy efficiency. The kitchens are equipped with modern wood cabinets and granite countertops. Currently, the units are rented below market value to long-term tenants, with one unit vacant at closing. The potential monthly income is $6600, with each unit generating $3300, potentially utilizing Section 8. The expansive 10,000 square foot lot is fully fenced, offering significant development potential. Investors can choose to rent both units for maximum return or occupy one while renting the other. The property's convenient location near major roads and a community park with recreational amenities adds to its appeal. This turnkey property is ideal for savvy investors seeking immediate income and long-term growth. The single-story building is located at 22112 SW 115th Ct, Miami, FL 33170.

    Property Features for 22112 115 Ct

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1961
    Stories
    1
    Units
    2

    HighLights

    • $699,900 asking price.
    • Multifamily property, 2‑unit apartment building (duplex).
    • Built in 1961, one story.
    • Located at 22112 SW 115th Ct, Miami, FL 33170 (Miami‑Dade County).
    • Remodeled with new roof, impact windows, and security bars.
    Property Profile 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 Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Goulds
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3789945
    Latitude
    25.5615096

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    FAQs

    What type of property is this?
    Multifamily property - Miami-Dade Duplex, Updated, High Income Potential
    Where is this multifamily property located?
    The property is located at 22112 115 Ct Goulds, FL.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: $699,900 asking price.; Multifamily property, 2-unit apartment building (duplex).; Built in 1961, one story.
    Request Owner's contact information
    22112 115 Ct Goulds, FL 33170
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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
    22112 115 Ct Goulds, FL 33170
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