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Property profile & analytics
OFF-MARKET
Small apartment buildings

153 141St St Miami, FL 33161

3,744 SF Built 1991
Property ID
US18-8691227
Property summary
AI-generated overview

This exceptional fourplex, located at 153 NE 141st St, Miami, FL 33161, presents a lucrative investment opportunity. Built in 1991 and situated on a large corner lot, this two-story building boasts 3,744 square feet and comprises four individual units. Each unit is equipped with two dedicated parking spaces, a significant advantage in this desirable Miami neighborhood. The property features separate water and electric meters for each unit, simplifying utility management and potentially increasing rental income. Currently, all four units are rented on a month-to-month basis, offering immediate cash flow. Importantly, current rental rates are below market value, presenting a substantial opportunity to increase profitability. A partial renovation has already been completed, enhancing the property's appeal and value. The asking price for this high-yield investment is $1,300,000. This property is ideally suited for an investor seeking a strong return on investment in a thriving Miami market. The property's location in Miami-Dade County provides easy access to major transportation routes and local amenities. Serious inquiries are encouraged. Please allow 24-48 hours' notice for showings to respect tenant privacy.

Property profile
Verified
Property type Small apartment buildings
Year built 1991
Total area 3,744 SF
UPID US18-8691227
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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