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Property profile & analytics
OFF-MARKET
Small apartment buildings

202 9Th Ave South Bay, FL 33493

Built 1963
Property ID
US18-5228780
Property summary
AI-generated overview

This charming 1-story duplex located at 202 NW 9th Ave, South Bay, FL 33493, presents a fantastic investment opportunity. Built in 1963, this property offers two distinct units, ideal for generating strong rental income. One unit boasts 2 bedrooms and 1 bathroom, complete with a convenient front-load laundry room. The second unit is larger, featuring 3 bedrooms and 2 bathrooms. The property is situated in Palm Beach County, within the South Bay community, offering easy access to local amenities and services. Market rental rates in the area range from $1400 to $2000 per month, suggesting significant potential for positive cash flow. The asking price for this well-maintained duplex is $310,000. This represents a compelling opportunity for investors seeking a stable and potentially lucrative addition to their portfolio. The property's solid construction and desirable location make it an attractive prospect for long-term rental income. This is a turnkey investment ready for immediate income generation. Don't miss this chance to acquire a proven income-producing asset in a thriving Florida market.

Property profile
Verified
Property type Small apartment buildings
Year built 1963
UPID US18-5228780
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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