1613 45Th St Miami, FL 33142
- Small apartment buildings
- 1,512 SF
Current Use by Public Records
- Small apartment buildings
Property Details for 1613 45Th St
- Year built
- 1936
- Property size
- 1,512 SF
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a charming 1,512 square foot, two-story duplex located at 1613 NW 45th St, Miami, FL 33142, in the desirable Alappatah neighborhood of Miami-Dade County. Built in 1936, this multifamily property offers significant upside potential. The asking price is $489,000. A key feature is the presence of a vacant lot directly in front of the building, presenting a unique opportunity for expansion. This empty lot allows for the construction of an additional duplex, triplex, or potentially even a quadplex, significantly increasing the property's rental income and overall value. Alappatah's designation as an Opportunity Zone further enhances the investment appeal. Recent improvements include a brand-new roof installed in August 2024 and a newly renovated laundry room area. This property is ideally suited for investors seeking to capitalize on the burgeoning Miami real estate market and benefit from the potential for substantial future development. The property's location provides easy access to major transportation routes and local amenities. Don't miss this chance to acquire a well-maintained duplex with exceptional growth potential in a thriving urban area.
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
- -80.2234774
- Latitude
- 25.8164764
