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    1807 33Rd St Miami, FL 33142

    For Sale
    $789,000

    Allapattah duplex, renovated, strong rental income.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a charming, renovated duplex located in Miami's desirable Allapattah neighborhood. The property, built in 1975, is a single-story building featuring two distinct units: a three-bedroom, two-bathroom unit and a two-bedroom, one-bathroom unit. Both units boast original terrazzo flooring, adding to their unique character. Recent renovations have modernized the kitchens and bathrooms, enhancing their appeal and functionality. Modern stainless steel appliances are included in both units. A convenient laundry room is also available on the property. Currently, both units are rented, generating a combined monthly income exceeding $4,500, providing a strong return on investment. The property is situated at 1807 NW 33rd St, Miami, FL 33142, in Miami-Dade County. This legal duplex offers a compelling combination of attractive features, strong rental income, and a prime location, making it an ideal addition to any investment portfolio. The asking price for this exceptional property is $789,000.

    Property Features for 1807 33Rd St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1975
    Stories
    1

    HighLights

    • $789,000 asking price.
    • Multifamily property, specifically a duplex/triplex/quadruplex apartment building.
    • Built in 1975, one story.
    • Located at 1807 NW 33rd St, Miami, FL 33142, in the Allapattah area.
    • Features two units (3/2 and 2/1), both with renovated kitchens and bathrooms, original terrazzo floors, and stainless steel appliances.
    • Generates over $4,500 in monthly rental income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2261406
    Latitude
    25.8069894

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    FAQs

    What type of property is this?
    Multifamily property - Allapattah duplex, renovated, strong rental income.
    Where is this multifamily property located?
    The property is located at 1807 33Rd St Miami, FL.
    What is the asking price?
    The asking price for this property is $789,000.
    What are key features of this property?
    This property features: $789,000 asking price.; Multifamily property, specifically a duplex/triplex/quadruplex apartment building.; Built in 1975, one story.
    Request Owner's contact information
    1807 33Rd St Miami, FL 33142
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    Miami, FL 33142
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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
    1807 33Rd St Miami, FL 33142
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