Property profile

2252 68Th Ct Miami, FL 33155

OFF-MARKET
Apartment buildings
Property ID
US18-4079737
Built 1939
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Property summary

AI-generated overview

This exceptional investment opportunity presents a legal triplex situated on a substantial 18,690 square foot lot in a highly desirable Miami location. The property, built in 1939, features three units: a main two-bedroom, two-bathroom residence and two additional one-bedroom, one-bathroom units. This single-story building offers significant potential for future development, although prospective buyers are encouraged to conduct their own due diligence regarding potential construction projects. The property boasts ample space for recreational vehicles, boats, and cars, adding to its appeal. Low property taxes of $5,409 annually contribute to its strong financial profile. Its convenient location near the Palmetto Expressway provides easy access to Coral Gables, abundant shopping, and diverse dining options. The asking price for this three-unit multifamily property is $975,000. This is a rare chance to acquire a well-situated Miami property with substantial upside potential. The property's size and location make it an attractive investment for both seasoned and aspiring real estate investors.

Property profile

Verified
Property type Apartment buildings
Year built 1939
UPID US18-4079737

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2252 68Th Ct Miami, FL 33155
Miami metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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