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Property profile & analytics
OFF-MARKET
Apartment buildings

1330 117Th Ter Miami, FL 33161

Built 2004
Property ID
US18-1579728
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 2004
UPID US18-1579728
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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