1278 9Th Ave Florida City, FL 33034
This stunning 2-story, 2023-built duplex in Florida City, FL (33034, 1278 NW 9th Ave) presents a compelling investment opportunity. Boasting a current gross monthly income of $6800 (easily increased to $7600 upon lease renewal in September 2024), this property offers a projected cap rate of approximately 7.5%. The duplex features two 5-bedroom, 2-bathroom units, each equipped with a modern kitchen showcasing granite countertops. Built with durability and low maintenance in mind, the property includes impact windows and doors, a metal roof, and tile flooring throughout. The second floor is constructed of solid concrete, providing additional strength and longevity. This multifamily property is located in Miami-Dade County and represents a rare chance to acquire a newly constructed, high-performing asset in a growing market. The property's modern design and high-quality construction ensure long-term value and strong rental demand. Don't miss this chance to add a profitable asset to your portfolio. Asking price: $995,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.