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Property profile & analytics
OFF-MARKET
Small apartment buildings

1647 29Th Ave Miami, FL 33125

Built 1967
Property ID
US18-9642443
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Small apartment buildings
Year built 1967
UPID US18-9642443
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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