1330 117Th Ter Miami, FL 33161
This exceptional investment opportunity presents a fully remodeled, turnkey duplex located in prime Miami, Florida. Built in 2004, this single-story property boasts two identical units, each featuring three bedrooms and two bathrooms. Each unit is equipped with modern amenities including an Italian kitchen with quartz countertops, tile floors, recessed lighting, in-unit laundry, stainless steel appliances, and new doors. Individual electric meters ensure efficient utility management. The property offers ample parking with two designated spaces per unit, totaling four parking spaces. Currently generating a substantial monthly rental income of $5,446, this duplex benefits from stable Section 8 tenants. Its strategic location, just blocks from Biscayne Boulevard in Miami-Dade County (zip code 33161), provides excellent access to local amenities and transportation. A virtual tour showcasing the interior is available for viewing. This cash-flowing property represents a rare opportunity for investors seeking a high-return, low-maintenance investment in a desirable Miami location. The asking price is $880,000. Don't miss this chance to acquire a proven income-generating asset in a thriving market.
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
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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.