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Property profile & analytics
FOR SALE
Small apartment buildings

1015 NE 112Th St Biscayne Park, FL 33161

Built 1947
Property ID
US18-8723598
Property summary
AI-generated overview

This charming 1947-built Biscayne Park duplex, located at 1015 NE 112 St, Miami-Dade County, Florida 33161, presents a compelling investment opportunity. Priced at $775,000, this multifamily property boasts two units, each offering a unique layout with no shared bedroom walls – only living rooms and kitchens share walls. Both units have been upgraded with impact windows, enhancing security and energy efficiency. The property features a peaceful setting within a well-established, low-density residential neighborhood, characterized by grassy parkways and a nearby community center. One unit includes an oversized covered patio, ideal for outdoor entertaining, and laundry facilities are conveniently located. Its prime location offers easy access to major thoroughfares, including Biscayne Boulevard (2 minutes), I-95 (6 minutes), and 125th Street (2 minutes), as well as proximity to Miami Shores (3 minutes), Miami Shores Elementary School, and Miami Country Day School. The property's location in Biscayne Park, a community established in the 1930s, is known for its tranquil atmosphere and lack of large apartment buildings or busy commercial areas, making it an attractive long-term investment. The property's coordinates are 25.8788569 latitude and -80.1772596 longitude.

Property profile
Verified
Property type Small apartment buildings
Year built 1947
UPID US18-8723598
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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