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    1565 6Th St Miami, FL 33135

    For Sale
    $2,390,000

    Eight-unit building, prime Miami location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 8-unit multifamily property, located at 1565 SW 6th St, Miami, FL 33135, presents a lucrative investment opportunity. Built in 1957, this single-story apartment building comprises four studio apartments and four one-bedroom, one-bathroom units. The property's excellent location in Miami-Dade County offers significant potential for both long-term and short-term rental strategies, including Airbnb. The asking price is $2,390,000. This represents a compelling entry point into the Miami real estate market, given the strong demand for rental units in this vibrant area. The property's single-story design simplifies management and maintenance, while its established tenant base provides immediate cash flow. Investors seeking a stable, income-generating asset in a high-growth market should consider this exceptional opportunity. The property's address is easily accessible and situated within close proximity to various amenities and transportation options. This is a rare chance to acquire a well-maintained, eight-unit building in a highly desirable Miami location. Serious inquiries are encouraged.

    Property Features for 1565 6Th St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1957
    Stories
    1

    HighLights

    • Exceptional 8‑unit multifamily investment opportunity in Miami, FL.
    • 1957‑built, single‑story building with four studios and four one‑bedroom/one‑bathroom units.
    • $2,390,000 asking price in a high‑demand rental market.
    • Strong potential for both long‑term and short‑term rentals.
    • Established tenant base provides immediate cash flow and simplified management.
    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 Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2207731
    Latitude
    25.7678452

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    FAQs

    What type of property is this?
    Multifamily property - Eight-unit building, prime Miami location.
    Where is this multifamily property located?
    The property is located at 1565 6Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $2,390,000.
    What are key features of this property?
    This property features: Exceptional 8-unit multifamily investment opportunity in Miami, FL.; 1957-built, single-story building with four studios and four one-bedroom/one-bathroom units.; $2,390,000 asking price in a high-demand rental market.
    Request Owner's contact information
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    Miami, FL 33135
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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
    1565 6Th St Miami, FL 33135
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