8314 3Rd St Miami, FL 33138
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 8314 3Rd St
- Year built
- 1934
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a charming 1934-built, two-unit duplex located in Miami's rapidly growing Little River neighborhood. Priced at $780,000, this property sits on a substantial 12,600 sq ft lot and offers significant potential. The main house boasts 4 bedrooms, 2 bathrooms, and an additional efficiency unit with a full bath and private entrance, providing ample space and rental income. The second house features 3 bedrooms and 1 bathroom. In total, the property offers 8 bedrooms and 4 bathrooms. Conveniently located near Citadel, new restaurants, local shops, and major developments, this property is ideal for investors seeking multiple income streams or large families needing separate living spaces. The property is being sold "as is," allowing for complete design customization to unlock its full potential. This is a rare opportunity to acquire a substantial property in a thriving Miami neighborhood. The property is a single-story building.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1905
- Latitude
- 25.8518