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Property profile & analytics
OFF-MARKET
Apartment buildings

2250 103Rd St Miami, FL 33147

2,142 SF Built 1948
Property ID
US18-5691006
Property summary
AI-generated overview

This exceptional income-producing triplex, located at 2250 NW 103rd St, Miami, FL 33147, presents a compelling investment opportunity. The property, built in 1948, comprises three distinct rental units within a single-story, 2,142 square foot building. Situated in a high-traffic commercial zone of Miami-Dade County, its location offers unparalleled convenience for tenants, with proximity to businesses, restaurants, retail spaces, and public transportation. Each unit is generously sized and equipped with its own meter, allowing for independent utility billing. Current market rates indicate potential for rental increases, promising strong future growth. The property's commercial zoning (5700/DUPLEXES GENERAL, MULTIFAMILY 2-9 UNITS, 3 OR MORE UNITS) allows for flexibility, including potential future redevelopment or mixed-use options, further enhancing its investment appeal. Ongoing development in the surrounding area suggests continued value appreciation, making this a truly attractive investment with both immediate rental income and long-term growth potential. The asking price is $850,000.

Property profile
Verified
Property type Apartment buildings
Year built 1948
Total area 2,142 SF
UPID US18-5691006
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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