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Property profile & analytics
OFF-MARKET
Small apartment buildings

12345 11 Ct North Miami, FL 33161

Built 1949
Property ID
US18-8949014
Property summary
AI-generated overview

This exceptional two-unit apartment building in North Miami, Florida presents a compelling investment opportunity. Located at 12345 NE 11th Ct, 33161, this 1949-built, single-story duplex boasts a recent, comprehensive renovation. The property offers two spacious units, each featuring three bedrooms and two bathrooms, complete with updated kitchens and bathrooms, new flooring, modern lighting, and stainless steel appliances. Impact windows and doors enhance energy efficiency and security. New roofing ensures long-term structural integrity. Both units include in-unit laundry facilities and separate utilities, simplifying management and maximizing rental income. One unit is currently leased at $3,600 per month on an annual lease. The property's convenient location near public transportation, shopping, and dining options in Miami-Dade County contributes to its strong rental potential. The asking price is $895,000, representing $447,500 per unit. This turnkey investment is ideal for those seeking immediate cash flow and long-term appreciation in a thriving North Miami rental market. The property's recent upgrades minimize future maintenance needs, further enhancing its investment appeal. This is a rare opportunity to acquire a fully renovated, high-performing multifamily property in a desirable location.

Property profile
Verified
Property type Small apartment buildings
Year built 1949
UPID US18-8949014
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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