1024 9Th St Miami, FL 33130
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1024 9Th St
- Year built
- 1924
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a legal duplex located in the heart of Miami's vibrant Little Havana neighborhood, just one block from the renowned Calle Ocho. Built in 1924, this single-story building sits on a generous 7,500 square foot lot and boasts a total of over 3,000 square feet of living space. The property comprises two units: one featuring five bedrooms and three bathrooms, and the other offering five bedrooms and two bathrooms. This multifamily property is priced to sell at $850,000, representing the lowest price per square foot in the area, making it an incredibly attractive proposition for savvy investors. The property's prime location and substantial size offer endless possibilities for renovation and increased profitability through rental income or resale after improvements. The building's solid foundation and established location in a culturally rich and rapidly developing area provide a strong base for future growth and return on investment. This is a rare chance to acquire a significant piece of Miami real estate with exceptional potential for substantial financial gains. Don't miss this opportunity to capitalize on the thriving Little Havana market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2119551
- Latitude
- 25.764522
