Current Use by Public Records
- Apartment buildings
Property Details for 3101-03 9Th Ave
- Year built
- 1959
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2104
- Latitude
- 25.806
