2141 34Th St Miami, FL 33142
- Residential income homes
- 8,585 SF
Current Use by Public Records
- Residential income homes
Property Details for 2141 34Th St
- Property size
- 8,585 SF
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a portfolio of seven rental units across five properties in desirable Miami neighborhoods: Allapattah, West Buena Vista, and Downtown Miami. The portfolio boasts a total of 8,585 square feet and comprises a mix of single-family homes, duplexes, and a townhome. Three properties feature recently renovated kitchens and bathrooms, and three have new roofs. Each property includes a fenced yard or patio. The unit mix is highly desirable, with a majority of three and four-bedroom units, ranging from one to four bedrooms. Current rents range from $2,200 to $5,000 per month, with two units currently occupied by Section 8 tenants. The properties are strategically located within a two-mile radius and a five-minute drive of each other, offering convenience and management efficiency. This portfolio presents a compelling value-add opportunity in a high-demand rental market, with significant potential for rental income growth. The asking price is $3,268,000, representing an attractive price per unit of $466,857.14. Seller financing is available, with terms negotiable. The portfolio's strong occupancy history and the potential for individual property sales post-acquisition further enhance its investment appeal. This is a rare opportunity to acquire a well-maintained, cash-flowing multifamily portfolio in a thriving Miami market. The properties are located at 2141 NW 34th St, 1438 NW 27th St, 2030 NW 34th St, 618 NW 11th St, and 810 NW 43rd St, all in Miami-Dade County, Florida.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2306922
- Latitude
- 25.8077942
