2628 31St Pl Miami, FL 33133
- Small apartment buildings
Current Use by Public Records
- Defenders / Financial Consultant / Insurance Agency
Property Details for 2628 31St Pl
- Year built
- 1948
- Property type
- Small apartment buildings
Description
This exceptional 2-story, 5-unit apartment building, located at 2628 SW 31st Pl in Miami, Florida, presents a lucrative investment opportunity. Built in 1948, the property boasts a strong rental history, currently generating nearly $130,000 in gross profit as of August 19, 2024. All five units are fully furnished and recently remodeled, maximizing rental income potential. The property's convenient Miami location in Miami-Dade County, zip code 33133, ensures high occupancy rates. The building's current configuration includes a mix of apartment units, operating effectively as a short-term rental property via Airbnb. This turnkey investment is ideal for both seasoned investors and those seeking a high-return, low-maintenance property. The asking price is $1,199,999. Further details and supporting documentation are available upon request. This is a rare chance to acquire a well-maintained, high-performing multifamily property in a desirable Miami location. Don't miss this opportunity to capitalize on the robust Miami real estate market. The property is classified as a Multifamily building, specifically an Apartment Building, Duplex/Triplex/Quadruplex.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2455723
- Latitude
- 25.7426428