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Property profile & analytics
OFF-MARKET
Apartment buildings

1250 109Th St Miami, FL 33161

Built 1957
Property ID
US18-9475365
Property summary
AI-generated overview

This 1-story, 1957-built duplex in Miami, Florida (33161), is offered at $750,000. Boasting a brand new roof (July 2024), completely updated plumbing, kitchens, bathrooms, and flooring, this property presents a compelling investment opportunity. Each unit includes its own washer/dryer, and separate water and electric meters. The property is AirBnB approved and projects a monthly income potential of $6,000-$8,000. Showings are available after acceptance of an offer, with a 5-day inspection period allowed. Located near golf courses, major highways, and shopping centers, this property enjoys a prime location close to Bal Harbour & Aventura Malls, Wynwood, the Design District, and Miami Shores. It's also just 15 minutes from the beach! The multi-family zoning allows for expansion, with potential for 2-9 units. This is an exceptional opportunity for investors seeking a high-return, turnkey property in a desirable Miami location. The address is 1250 NE 109th St, Miami, Miami-Dade County, Florida.

Property profile
Verified
Property type Apartment buildings
Year built 1957
UPID US18-9475365
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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