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Property profile & analytics
OFF-MARKET
Small apartment buildings

1350 145 St North Miami, FL 33161

Built 1985
Property ID
US18-9342602
Property summary
AI-generated overview

This exceptional investment opportunity presents a meticulously renovated duplex located in North Miami, Florida, at 1350 NE 145th St, zip code 33161. Built in 1985, this single-story property boasts two units, each offering comfortable living spaces. One unit features two bedrooms and two bathrooms, while the other includes two bedrooms and one and a half bathrooms. Both units are equipped with central air conditioning and updated tile flooring throughout. Each residence also includes a convenient laundry closet, two front parking spaces, and a private, oversized patio, providing ample outdoor space for residents. Individual electric and water meters are installed for each unit, simplifying utility management. The property's septic tank features a newly installed drainfield, ensuring efficient waste disposal. Currently, both units are tenant-occupied, generating immediate rental income. Showings are strictly limited to Wednesdays from 5:30 PM to 7:30 PM and Saturdays from 11:00 AM to 1:30 PM. This property is ideally situated near major transportation routes, schools, shopping centers, vibrant nightlife, and the beautiful beach, making it an attractive location for tenants. The asking price for this turnkey investment is $645,000.

Property profile
Verified
Property type Small apartment buildings
Year built 1985
UPID US18-9342602
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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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