1441/1443 134Th Rd North Miami, FL 33161
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 1441/1443 134Th Rd
- Year built
- 1950
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1701
- Latitude
- 25.8997
