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Property profile

1441/1443 134Th Rd North Miami, FL 33161

OFF-MARKET
Apartment buildings
Built 1950
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Property summary

AI-generated overview

This exceptional investment opportunity presents a charming 1-story duplex located at 1441/1443 NE 134th Rd, North Miami, FL 33161, in Miami-Dade County. Built in 1950, this property sits on a generous 9,000+ sq ft lot, offering ample space and potential. The duplex boasts two spacious 2-bedroom, 1-bathroom units, each approximately 900 sq ft. Recently renovated, the units are currently generating strong rental income, with Unit 1 commanding $1800/month (month-to-month) and Unit 2 at $1800/month (lease expiring 1/31/25). A brand new roof is nearing completion, further enhancing the property's value and appeal. The property's central location provides easy access to Biscayne Blvd, beaches, Bal Harbour, and both Miami International and Fort Lauderdale airports. With the potential to increase rental rates to at least $2000/month per unit upon roof completion, this duplex presents a compelling opportunity for both owner-occupancy and pure investment. This is a rare chance to acquire a well-maintained, high-income-generating property in a desirable North Miami location. The asking price is $599,000.

Property profile

Verified
Property type Apartment buildings
Year built 1950

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1441/1443 134Th Rd North Miami, FL 33161
North Miami metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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