1020 33Rd St Miami, FL 33127
This beautifully remodeled, one-story duplex in Miami's desirable Wynwood neighborhood presents a compelling investment opportunity. Built in 1952 and extensively renovated in 2024, the property boasts a fresh, modern aesthetic with artistic tile flooring and fresh paint throughout. The roof was updated in 2019, ensuring long-term durability, and all units feature energy-efficient mini-split AC systems in both bedrooms and living areas, providing comfort and cost savings. High-impact windows were also installed during the 2024 renovation. Currently tenant-occupied, this property generates a substantial monthly income of $5,700. Its strategic location near Wynwood's vibrant art scene and burgeoning development makes it an ideal investment for those seeking strong rental returns and appreciation potential. The property includes an additional efficiency unit, offering flexibility for house hacking or maximizing rental income. This multifamily property, classified as an apartment building and duplex/triplex/quadruplex, is situated at 1020 NW 33rd St, Miami, FL 33127, in Miami-Dade County. The asking price is $720,000. This is a rare chance to acquire a high-performing asset in one of Miami's most dynamic neighborhoods. Don't miss this opportunity to capitalize on the thriving Miami real estate market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.