1647 29Th Ave Miami, FL 33125
This exceptional one-story, four-unit apartment building, constructed in 1967, presents a compelling investment opportunity in Miami, Florida. Located at 1647 NW 29th Ave, in the 33125 zip code, this property boasts five bedrooms and four full bathrooms distributed across its four fully furnished units. Each unit is equipped with all necessary appliances, making it a truly turnkey operation. The property's proven track record of success over the past two years as a short-term rental, potentially including Airbnb, demonstrates its strong income-generating potential. Its convenient location offers proximity to Miami Freedom Park, the future home of the Inter Miami CF stadium, promising continued growth and high demand in the area. This is a rare chance to acquire a hassle-free, high-performing multifamily property in a prime Miami location. The asking price for this exceptional investment is $950,000. The property's single-story design and established rental history make it an attractive option for investors seeking immediate returns and long-term appreciation. Don't miss this chance to own a piece of Miami's vibrant real estate 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
Similar Nearby for Sale
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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.