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    761 96Th St Miami, FL 33150

    For Sale
    $599,999

    Two-unit duplex, updated, high ROI potential.

    Property size:
    1,614 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This charming 1953-built, single-story duplex located at 761 NW 96th St, Miami, FL 33150, presents a compelling investment opportunity. The property, situated in Miami-Dade County, boasts a total square footage of 1,614 and comprises two identical units, each featuring two bedrooms and one bathroom. Recent upgrades significantly enhance the property's value and appeal. A brand-new roof was installed in 2022, ensuring long-term protection and minimizing maintenance concerns. Further enhancing durability and efficiency, the property features impact windows and PVC plumbing, reducing the risk of costly repairs and improving energy efficiency. The asking price for this multifamily property is $599,999. This duplex offers a strong potential for rental income and appreciation, making it an attractive addition to any investment portfolio. Its location in Miami provides access to a thriving rental market and a desirable lifestyle. The property's solid construction and recent renovations combine to create a low-maintenance, high-return investment opportunity. This is a turnkey property ready for immediate income generation. The property's convenient location in Miami offers easy access to local amenities and transportation. This is an excellent opportunity to acquire a well-maintained, income-producing property in a prime location.

    Property Features for 761 96Th St

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,614 SF

    Building Details

    Year Built
    1953
    Stories
    1

    HighLights

    • 1953‑built, single‑story duplex in Miami, FL.
    • 1,614 total square feet, two identical 2 bed/1 bath units.
    • New roof (2022), impact windows, and PVC plumbing.
    • Asking price: $599,999.
    • Turnkey property with strong rental income potential.
    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
    -80.2110151
    Latitude
    25.8634768

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    FAQs

    What type of property is this?
    Multifamily property - Two-unit duplex, updated, high ROI potential.
    Where is this multifamily property located?
    The property is located at 761 96Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $599,999.
    What are key features of this property?
    This property features: 1953-built, single-story duplex in Miami, FL.; 1,614 total square feet, two identical 2 bed/1 bath units.; New roof (2022), impact windows, and PVC plumbing.
    Request Owner's contact information
    761 96Th St Miami, FL 33150
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    Miami, FL 33150
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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
    761 96Th St Miami, FL 33150
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