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    2901 21St St Miami, FL 33145

    Sponsored
    For Sale
    $1,100,000

    Five-unit apartment building, remodeled, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional five-unit apartment building presents a compelling investment opportunity in the highly desirable Miami, Florida market. Located at 2901 SW 21st St, Miami, FL 33145, this single-story property, built in 1954, boasts a total of five units. The property has undergone a complete remodel, presenting a turnkey investment ready for immediate income generation. Its strategic location near major highways provides easy access to various parts of the city, while its proximity to prestigious neighborhoods such as Coral Gables, Coconut Grove, The Roads, and Brickell enhances its appeal and potential for strong rental demand. The asking price for this rare gem is $1,100,000. This multifamily property is being offered in "as is" condition. Given its location, recent renovations, and strong rental market, this property represents a significant opportunity for investors seeking a high-return investment in a thriving urban area. The property is situated in Miami-Dade County and offers a compelling combination of location, condition, and potential for future appreciation. This is a rare opportunity to acquire a fully remodeled multifamily property in a highly sought-after Miami neighborhood. Don't miss out

    Property Features for 2901 21St St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1954
    Stories
    1
    Units
    5
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -80.2405577
    Latitude
    25.751896

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    FAQs

    What type of property is this?
    Multifamily property - Five-unit apartment building, remodeled, prime location.
    Where is this multifamily property located?
    The property is located at 2901 21St St Miami, FL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    Request Owner's contact information
    2901 21St St Miami, FL 33145
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    Miami, FL 33145
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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
    2901 21St St Miami, FL 33145
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