Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    Undisclosed Miami, FL 00000

    Sponsored
    For Sale
    $749,900

    Prime Buena Vista Duplex, High Rental Income

    Property size:
    2,318 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional value-add investment opportunity presents a two-unit duplex in Miami's desirable Buena Vista neighborhood, priced at $749,900. The property boasts a total of 2,318 square feet on a sizable 7,200 square foot lot, offering significant potential for future development. Currently configured as a duplex, the property features two units, each with its own distinct rental income stream. The front unit commands a monthly rent of $2,700, while the rear unit generates $1,250 per month, providing immediate cash flow. Built in 1946, the property is classified as Class C and zoned T4-R-GENERAL URBAN ZONE, allowing for expansion up to six units. The property includes two parking spaces. Its prime location offers easy access to the Design District, Midtown, and Wynwood, capitalizing on Miami's thriving real estate market. This is a rare chance to acquire a multifamily property with strong rental income and substantial upside potential in one of Miami's most sought-after areas. The price per square foot is $323.51, and the price per unit is $374,950. This property is owned by RER INVESTMENTS LLC. Don't miss this chance to secure a piece of Miami's booming real estate market.

    Property Features for 0 Undisclosed

    General Information

    Property type
    Multifamily properties
    Square Feet
    2,318 SF
    Class
    C

    Building Details

    Year Built
    1946
    Buildings
    2
    Stories
    1
    Units
    2

    HighLights

    • Prime Buena Vista, Miami location, ideal for multifamily development.
    • 7,200 sq ft lot zoned T4‑R‑GENERAL URBAN ZONE (up to 6 units).
    • Minutes from Design District, Midtown, and Wynwood.
    • Currently generating rental income: $2,700/month and $1,250/month.
    • Excellent value‑add opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Miami
    County
    Miami-Dade
    State
    Florida

    Nearby Similar for Sale

    • $2,345,000

      Miami Multifamily Short-Term Rental Property

      Boutique 5-unit apartment community in Miami's Opportunity Zone.
      1053 NW 29Th St, Miami, FL 33127
      View Details
    • $7,750,000

      Luxury Brickell Office with Terrace

      Sophisticated 4,768 sqft office with bay view terrace in Brickell.
      1300 Brickell Bay Dr, Miami, FL 33131
      View Details
    • $1,275,000
      3,892 SF

      Miami Fourplex with Income Potential

      Residential income property in Miami, featuring a pool and gated entry.
      14500 NE 2, Miami, FL 33161
      View Details
    • $1,275,000
      7,382 SF

      Miami Multifamily Value-Add Opportunity

      Two-building multifamily property with 13 units in Miami, Florida.
      1337 NW 77Th St, Miami, FL 33147
      View Details
    • $3,775,000

      New Multifamily Investment in Miami

      Newly built 10-unit multifamily property in a growing Miami area.
      1037 NW 2Nd St, Miami, FL 33128
      View Details
    • $3,775,000
      7,000 SF

      New Multifamily Investment in Miami

      Newly built 10-unit multifamily property in a growing Miami area.
      1037 NW 2Nd St, Miami, FL 33128
      View Details
    • $3,500,000

      Remodeled Corner Office Suite, Miami

      Completely remodeled corner office suite in the heart of Miami's financial district.
      1110 Brickell Ave, Miami, FL 33131
      View Details
    • $2,100,000

      Redevelopment Opportunity in Miami, FL

      Two lots totaling 14,000 sq. ft. ideal for redevelopment.
      1750 NW 7Th St, Miami, FL 33125
      View Details
    • $1,100,000
      1,909 SF

      Miami Fourplex with Development Potential

      Four units with income and development potential in Miami.
      150 NE 59Th St, Miami, FL 33137
      View Details
    • $1,100,000
      0.13 Acres

      Miami Redevelopment Site with Income

      Redevelopment site with income-producing fourplex near future Tri-Rail station.
      150 NE 59Th St, Miami, FL 33137
      View Details
    • $1,275,000

      Miami Multifamily Value-Add Opportunity

      13-unit multifamily property in Miami, ideal for redevelopment or repositioning.
      1337 NW 77Th St, Miami, FL 33147
      View Details
    • $550,000

      Established Beauty and Aesthetics Studio

      Turnkey beauty and aesthetics studio in a high-traffic Miami location.
      5870 W Flagler St, Miami, FL 33144
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Prime Buena Vista Duplex, High Rental Income
    Where is this multifamily property located?
    The property is located at Undisclosed Miami, FL.
    What is the asking price?
    The asking price for this property is $749,900.
    What are key features of this property?
    This property features: Prime Buena Vista, Miami location, ideal for multifamily development.; 7,200 sq ft lot zoned T4-R-GENERAL URBAN ZONE (up to 6 units).; Minutes from Design District, Midtown, and Wynwood.
    Request Owner's contact information
    Undisclosed Miami, FL 00000
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Undisclosed
    Miami, FL 00000
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Undisclosed Miami, FL 00000
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.