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Property profile & analytics
OFF-MARKET
Apartment buildings

3101-03 9Th Ave Miami, FL 33127

2,095 SF Built 1959
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 2-unit apartment building located in Miami's desirable Allapattah neighborhood, specifically within the burgeoning WoW district. Built in 1959, this single-story property boasts a total of 2,095 square feet. The property is zoned as a duplex, offering flexibility for potential future development or commercial ventures. Currently configured as a two-unit apartment building, it presents a strong potential for immediate rental income and long-term appreciation. The asking price is $610,000. While some light rehabilitation is recommended, this presents a straightforward path to enhancing the property's value and maximizing returns. The property's location within the rapidly developing Allapattah WoW district ensures strong rental demand and significant potential for future growth. This is a compelling opportunity for investors seeking a versatile property in a high-growth area of Miami, Florida. The address is 3101-03 NW 9th Ave, Miami, FL 33127, within Miami-Dade County.

Property profile
Verified
Property type Apartment buildings
Year built 1959
Total area 2,095 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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