1042 76Th St Miami, FL 33150
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1042 76Th St
- Year built
- 1948
- Property type
- Small apartment buildings
Description
This exceptional Miami duplex presents a compelling investment opportunity. Located at 1042 NW 76th St, Miami, FL 33150, this 1-story, 1948-built property boasts two units currently generating a combined monthly rental income of $3600. The property sits on a sizable 5500 square foot lot, zoned to allow for the construction of up to three units, offering significant potential for future development and increased revenue. The existing structure features six bedrooms and four bathrooms, and benefits from recent upgrades including a central AC system (approximately 3 years old), electrical panel (approximately 2 years old), water heater (approximately 5 years old), and roof (approximately 6 years old). The property's location within a gentrifying Miami neighborhood ensures strong potential for appreciation. This is a rare chance to acquire a multifamily property with immediate cash flow and substantial upside potential. The asking price is $659,000. Don't miss this chance to capitalize on this lucrative investment.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2140543
- Latitude
- 25.8437561
