20500 92Nd Pl Cutler Bay, FL 33189
This exceptional 1-story, 1977-built multifamily property in Cutler Bay, Florida, presents a lucrative investment opportunity. Located at 20500 SW 92nd Pl, 33189, this duplex boasts a total of five bedrooms and three bathrooms spread across two units. Unit 1 features three bedrooms and two bathrooms, complete with a private pool, recently updated appliances, and granite countertops. Unit 2 offers two bedrooms and one bathroom. Significant recent upgrades enhance this property's value and appeal. The shingle roof was replaced in 2018, ensuring long-term durability. Both air conditioning units are less than two years old, providing energy efficiency and comfort. New water heaters and a new pool pump and filter further minimize maintenance concerns. The kitchen in Unit 1 showcases modern granite countertops, and tile floors are found throughout. A wood fence provides privacy and security. This well-located property offers convenient access to the Florida Turnpike and South Dixie Highway, placing residents near a wealth of amenities. Nearby shopping centers, retailers, restaurants, supermarkets, schools, recreational parks, and medical centers provide exceptional convenience and lifestyle benefits. This is a turnkey investment ready for immediate income generation.
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.