190 57Th St Miami, FL 33127
- Small apartment buildings
- 2,240 SF
Current Use by Public Records
- Small apartment buildings
Property Details for 190 57Th St
- Year built
- 2021
- Property size
- 2,240 SF
- Property type
- Small apartment buildings
- APN
- 0690
Description
This exceptional 2-unit duplex in Miami, Florida, presents a compelling investment opportunity. Built in 2021, this meticulously maintained property boasts 2,240 square feet on a 6,800 square foot lot. Each unit offers 3 bedrooms and 2 bathrooms, spanning approximately 1,200 square feet, featuring spacious kitchens, living areas, and in-unit laundry. High-impact windows, central heating and cooling, and six parking spaces enhance the property's appeal. Currently enjoying 100% occupancy with each unit rented at $3,000 per month, generating a 5.00% cap rate. The property is zoned for duplexes and benefits from a convenient location near major roadways (I-95), Miami International Airport (MIA), and vibrant neighborhoods like Little Haiti and the Design District. Exterior features include a fenced yard, high-impact doors, and room for a pool. Municipal sewer and separate meters are in place. The property is offered at $1,400,000. This is a turnkey investment ready for immediate income generation.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1996018
- Latitude
- 25.8275634