Property profile

6900 Miami Dr Indian Lake Estates, FL 33855

OFF-MARKET
Apartment buildings
3,264 SF Built 1959
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional four-unit apartment building presents a compelling investment opportunity in Indian Lake Estates, Florida. Located at 6900 Miami Dr, 33855, this property consists of two, two-unit buildings constructed in 1959 from concrete block with pitched shingle roofs (replaced approximately four years ago). Each unit offers a spacious one-bedroom, one-bathroom layout. The 3,264 square foot property sits on a 0.44-acre lot and is zoned PUD (Planned Unit Development). All units feature recently updated water heaters. Tenant-paid electricity (sub-metered) and city-supplied water (landlord-paid) simplify management. A recently renovated septic system ensures efficient waste disposal. A convenient laundry room is located in one building, and the property also includes water and sewage hookups for RVs. This multifamily investment is eligible for residential financing, making it an attractive option for buyers seeking a stable income stream. The property offers a large courtyard for tenant use. This well-maintained property provides a solid foundation for a successful investment.

Property profile

Verified
Property type Apartment buildings
Year built 1959
Total area 3,264 SF

Cap rate & NOI

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

Location

6900 Miami Dr Indian Lake Estates, FL 33855
Indian Lake Estates metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6900 Miami Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message