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Property profile & analytics
OFF-MARKET
Apartment buildings

11238 187Th St Miami, FL 33157

Built 2024
Property ID
US19-0723154
Property summary
AI-generated overview

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

Property profile
Verified
Property type Apartment buildings
Year built 2024
UPID US19-0723154
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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