3101-03 9Th Ave Miami, FL 33127
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.