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Property profile & analytics
OFF-MARKET
Apartment buildings

716 87Th St Miami, FL 33138

Built 1937
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a beautifully renovated 1937-built duplex in the desirable Shorecrest neighborhood of Miami, Florida. Situated on a generous 7,000 square foot lot, the property comprises two distinct homes. The main house boasts a fully remodeled interior, featuring two bedrooms and one bathroom. The modern kitchen is equipped with stainless steel appliances, and impact windows provide both security and energy efficiency. The charming cottage located at the rear of the property offers a complete one-bedroom, one-bathroom unit, complete with a full living room, kitchen, and a walk-in closet. Both units are ready for immediate occupancy, presenting a strong potential for rental income. This property's prime location offers easy access to Miami Beach, the Design District, Bal Harbour, and Downtown Miami, making it an attractive option for both residents and tourists. The property's single-story design and established landscaping contribute to its curb appeal and overall value. With its blend of historical charm and modern updates, this duplex represents a rare find in the competitive Miami real estate market. The asking price is $1,199,900. This is a fantastic opportunity to acquire a well-maintained, income-generating property in a highly sought-after area.

Property profile
Verified
Property type Apartment buildings
Year built 1937
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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