11316 Peachtree Dr Miami, FL 33161
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 11316 Peachtree Dr
- Year built
- 1984
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a two-unit duplex located at 11316 Peachtree Dr, Miami, FL 33161, in a rapidly developing area slated for significant city investment over the next five years. Built in 1984, this single-story property boasts recently renovated kitchens and bathrooms, updated appliances, and a new roof, ensuring minimal maintenance and immediate cash flow. The strong concrete construction provides durability and peace of mind. Currently generating income from long-term tenants, this property offers a 6.45% capitalization rate, making it an attractive addition to any portfolio. The property is being offered as a cash deal. Note that this property can be purchased in conjunction with a neighboring property (11330 Peachtree Dr) to create a five-unit portfolio. This duplex is situated in Miami-Dade County and is classified as a multifamily property. The property's location offers convenient access to Miami's amenities and benefits from the city's ongoing development initiatives. This is a rare opportunity to acquire a well-maintained, income-producing property in a high-growth area of Miami.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1751868
- Latitude
- 25.8801508
