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    1211/1213 32Nd St Miami, FL 33125

    For Sale
    $900,000

    Prime Miami duplex, high rental potential, near major attractions.

    Property size:
    2,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional Miami duplex presents a compelling investment opportunity or ideal owner-occupied property. Boasting a total of 2,700 square feet, the property features two distinct units: a three-bedroom, two-bathroom unit and a two-bedroom, one-bathroom unit. Situated on a generous 7,250 square foot lot, the single-story building was constructed in 1970. Its location in Miami, Florida, at 1211/1213 NW 32 PL, 33125, within Miami-Dade County, offers unparalleled convenience and access to key areas. The property benefits from its proximity to significant landmarks, including the forthcoming Miami Freedom Park (projected opening May 2025), the Inter Miami CF stadium, and a large public park. Furthermore, its strategic location ensures easy access to Miami International Airport, the vibrant Wynwood and Design District neighborhoods, and other thriving areas of Miami. Given Miami's ongoing growth and transformation, this property represents a prime investment opportunity with significant potential for rental income and future appreciation. The asking price for this multifamily property is $900,000.

    Property Features for 1211/1213 32Nd St

    General Information

    Property type
    Multifamily properties
    Square Feet
    2,700 SF

    Building Details

    Year Built
    1970
    Stories
    1

    HighLights

    • Exceptional Miami duplex, ideal for owner‑occupancy or investment.
    • 2,700 square foot building with two units: a 3/2 and a 2/1.
    • Situated on a large 7,250 square foot lot.
    • Built in 1970, located at 1211/1213 NW 32 PL, Miami, FL 33125.
    • Prime location near Miami Freedom Park, Inter Miami CF stadium, and major transportation arteries.
    • $900,000 asking price.
    Property Profile 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
    -80.2489011
    Latitude
    25.7840789

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    FAQs

    What type of property is this?
    Multifamily property - Prime Miami duplex, high rental potential, near major attractions.
    Where is this multifamily property located?
    The property is located at 1211/1213 32Nd St Miami, FL.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: Exceptional Miami duplex, ideal for owner-occupancy or investment.; 2,700 square foot building with two units: a 3/2 and a 2/1.; Situated on a large 7,250 square foot lot.
    Request Owner's contact information
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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
    1211/1213 32Nd St Miami, FL 33125
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