131 32Nd Ct Miami, FL 33125

Property Details for 131 32Nd Ct

Year built

1947

Property type

Small apartment buildings

Description

This exceptional three-unit apartment building presents a lucrative investment opportunity in the heart of Miami, Florida. Located at 131 NW 32nd Ct, Miami, FL 33125, this 1947-built, two-story property boasts a prime location and significant upside potential. Currently configured as a triplex, the property is zoned to accommodate up to nine units, offering substantial room for expansion and increased rental income. The building comprises three distinct units: a front unit featuring two bedrooms, two full bathrooms, and a bonus room ideal for an office or nursery; a rear unit with one bedroom, one bathroom, and a living area; and a second-floor unit with two bedrooms and one bathroom. The property includes a fully gated lot providing ample space and security. Parking is available for eight vehicles, four inside the gated area and four additional spaces in front. Recent upgrades include two newly installed central AC units, ensuring tenant comfort. The roof was replaced in 2014, providing peace of mind for years to come. The property also features spacious front and back yards and washer/dryer hookups in each unit. Showings are by appointment only. This is a rare chance to acquire a well-maintained multifamily property in a high-demand Miami location with significant potential for future development and growth.