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Property profile & analytics
OFF-MARKET
Apartment buildings

11316 Peachtree Dr Miami, FL 33161

Built 1984
Property ID
US18-1674654
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 1984
UPID US18-1674654
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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