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    FOR SALE
    Small apartment buildings

    1042 NW 76Th St Miami, FL 33150

    Built 1948
    Property ID
    US18-0010576
    1042 NW 76Th St, Miami, FL 33150 For Sale 1 / 49
    $595,000
    1042 NW 76Th St, Miami, FL 33150
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    Property summary
    AI-generated overview

    This exceptional Miami duplex presents a compelling investment opportunity. Located at 1042 NW 76th St, Miami, FL 33150, this 1-story, 1948-built property boasts two units currently generating a combined monthly rental income of $3600. The property sits on a sizable 5500 square foot lot, zoned to allow for the construction of up to three units, offering significant potential for future development and increased revenue. The existing structure features six bedrooms and four bathrooms, and benefits from recent upgrades including a central AC system (approximately 3 years old), electrical panel (approximately 2 years old), water heater (approximately 5 years old), and roof (approximately 6 years old). The property's location within a gentrifying Miami neighborhood ensures strong potential for appreciation. This is a rare chance to acquire a multifamily property with immediate cash flow and substantial upside potential. The asking price is $659,000. Don't miss this chance to capitalize on this lucrative investment.

    Property profile
    Verified
    Property type Small apartment buildings
    Year built 1948
    UPID US18-0010576
    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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