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Property profile & analytics
OFF-MARKET
Small apartment buildings

10981 2Nd Ave Miami, FL 33161

Built 1948
Property ID
US18-0183813
Property summary
AI-generated overview

This stunning, newly remodeled duplex in Miami, Florida, presents a compelling investment opportunity. Built in 1948 and completely renovated in 2022, this one-story, two-unit property boasts a proven track record as a successful Airbnb rental, generating consistent income and strong cash flow. The property comprises two distinct units: a spacious three-bedroom, two-bathroom unit and a charming two-bedroom, one-bathroom unit. Each unit is equipped with its own in-unit washer and dryer, adding to their appeal and convenience. Modern upgrades throughout include new PVC plumbing, updated flooring, and a brand-new HVAC system, ensuring the property is move-in ready for tenants. Located at 10981 NE 2nd Ave, Miami, FL 33161, in Miami-Dade County, this property benefits from a desirable location ideal for both short-term and long-term rentals. The asking price is $975,000. This turnkey asset is perfect for investors seeking a reliable income stream or first-time buyers entering the real estate market. The property's strong rental history and modern amenities make it a highly attractive investment.

Property profile
Verified
Property type Small apartment buildings
Year built 1948
UPID US18-0183813
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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