11238 187Th St Miami, FL 33157
This exceptional new duplex in Miami, Florida, presents a lucrative investment opportunity. Built in 2024, this one-story, concrete block construction (CBS) property boasts two identical, side-by-side residences, each featuring three bedrooms and two bathrooms. Each unit includes its own dedicated parking space and a spacious patio. High-end finishes are standard throughout, including 9-foot ceilings, wood kitchen and bathroom cabinets with granite countertops, and stainless steel appliances (refrigerator with ice and water dispenser, range/oven, microwave, and dishwasher). Kohler Sterling tubs, ceramic flooring, and Moen faucets add to the luxurious feel. In-unit laundry (washer and dryer) is provided. Individual electric and water meters are installed for each unit. The property's prime location near a children's park and the turnpike entrance ensures high rental demand. Projected rent per unit is $3,100 per month. Expenses are limited to taxes, insurance, and lawn care
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.