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Property profile & analytics
OFF-MARKET
Apartment buildings

2055 140Th St North Miami Beach, FL 33181

Built 1951
Property ID
US18-3339054
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully renovated duplex located at 2055 NE 140th St, North Miami Beach, Florida, 33181. Built in 1951, this single-story property boasts two separate 2-bedroom, 1-bathroom houses situated on a single lot. Currently generating strong rental income with each unit leased at $2450 and $2500 respectively, this property offers significant potential for increased revenue through market rate adjustments. Recent upgrades include the installation of impact windows and doors, new air conditioning units, and refreshed landscaping, enhancing both the aesthetic appeal and the property's value. The convenient location provides easy access to major retailers such as Target, and is within a short 10-minute drive of Aventura Mall and the pristine beaches of North Miami Beach. This property is ideal for owner-occupancy with rental income, or as a fully operational short-term rental investment. The asking price is $950,000. Ample parking is available on the property. This rare find in the heart of North Miami Beach, east of Biscayne Boulevard, presents a compelling opportunity for savvy investors seeking a high-return, low-maintenance investment property.

Property profile
Verified
Property type Apartment buildings
Year built 1951
UPID US18-3339054
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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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