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Property profile & analytics
OFF-MARKET
Small apartment buildings

1044 29Th St Miami, FL 33127

Built 1983
Property ID
US18-1561347
Property summary
AI-generated overview

This exceptional four-unit apartment building presents a lucrative investment opportunity in the vibrant Miami, Florida market. Located at 1044 NW 29th St, Miami, FL 33127, this property boasts a prime location just five minutes from the trendy Wynwood neighborhood. Built in 1983, this two-story building comprises four units, making it ideal for both long-term and short-term rentals, including Airbnb. The asking price is $1,900,000. The property has undergone a complete rehabilitation, featuring modern impact windows, enhancing both its aesthetic appeal and its resilience against severe weather. Each unit is fully furnished, minimizing vacancy periods and maximizing rental income potential. This turnkey investment is ready for immediate occupancy and income generation. An added advantage is the possibility of acquiring the adjacent sister building, offering significant expansion potential for a larger portfolio. This property is situated in Miami-Dade County and offers a compelling blend of location, condition, and income potential, making it an attractive investment for discerning buyers. The property's coordinates are 25.8031255 latitude and -80.212284 longitude.

Property profile
Verified
Property type Small apartment buildings
Year built 1983
UPID US18-1561347
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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