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    722 108Th St Miami, FL 33168

    For Sale
    $599,000

    Completely remodeled, spacious duplex near Miami Shores.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This completely remodeled duplex, located at 722 NW 108th St in Miami, Florida (33168), presents a fantastic investment opportunity. Built in 1968, this single-story apartment building offers two units: a 2-bedroom, 1-bathroom unit and a 2-bedroom, 2-bathroom unit. Recent renovations are extensive, encompassing a new roof, updated kitchens and bathrooms featuring stainless steel appliances with warranties, and brand new flooring throughout. Significant upgrades include new electrical and plumbing systems, as well as a new central air conditioning system. Impact doors enhance security and energy efficiency. Each unit boasts its own in-unit washer and dryer for added convenience. The property's prime location in Miami, close to Miami Shores, ensures high rental demand and easy access to local amenities. The asking price for this turnkey investment property is $599,000. This duplex represents a rare opportunity to acquire a well-maintained, updated multifamily property in a desirable Miami neighborhood.

    Property Features for 722 108Th St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1968
    Stories
    1

    HighLights

    • $599,000 asking price.
    • Multifamily property, specifically a duplex, built in 1968.
    • Located at 722 NW 108th St, Miami, FL 33168, in Miami‑Dade County.
    • Completely remodeled with new roof, stainless steel appliances, updated kitchens and bathrooms, new floors, electrical, plumbing, and central AC.
    • Features impact doors and in‑unit washer/dryer hookups in each unit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -80.210692
    Latitude
    25.873452

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    FAQs

    What type of property is this?
    Multifamily property - Completely remodeled, spacious duplex near Miami Shores.
    Where is this multifamily property located?
    The property is located at 722 108Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: $599,000 asking price.; Multifamily property, specifically a duplex, built in 1968.; Located at 722 NW 108th St, Miami, FL 33168, in Miami-Dade County.
    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
    722 108Th St Miami, FL 33168
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