1064 103Rd St Miami, FL 33150

OFF-MARKET

Apartment buildings

Property ID

US18-3785484

Built 1949

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This exceptional three-unit apartment building in Miami, Florida, presents a compelling investment opportunity. Located at 1064 NW 103rd St, Miami, FL 33150, this property boasts a desirable location within Miami-Dade County. Constructed in 1949, the building comprises three units, configured as a duplex with an attached efficiency unit, maximizing rental income potential. A complete renovation in 2018 included new kitchens featuring granite countertops and updated flooring throughout. Further enhancing its value, the property received a brand-new roof installation in 2021. Currently, all three units are leased, with tenants consistently paying rent on time. While current rental rates are slightly below market value, this presents an immediate opportunity to increase profitability. The asking price for this income-producing property is $625,000. Serious inquiries only; proof of funds and lender information are required with all offers. Appointments are necessary for showings due to tenant occupancy.

Property type Apartment buildings

Year built 1949

UPID US18-3785484

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

1064 103Rd St Miami, FL 33150

Miami metro

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