2520 191St St Miami, FL 33180
This 1-story, 3,037 square foot apartment building in Miami, Florida, presents a compelling investment opportunity. Built in 1970, the property comprises four units: three 1-bedroom/1-bathroom units and one 2-bedroom/2-bathroom unit. All units feature central air conditioning, newer roofing, tile floors, and hurricane shutters. Currently fully leased, the property offers immediate income potential. Situated on a 10,575 square foot lot, the zoning allows for the development of a significantly larger building (20+ units on a 4-story structure, per zoning regulations; buyers should conduct independent zoning verification). The property enjoys a prime location in a rapidly developing area with residential and mixed-use projects underway. Conveniently located near the Brightline train station, Aventura Mall, Gulfstream, and major highways, it also benefits from proximity to excellent schools, shopping, dining, houses of worship, and the Fort Lauderdale International Airport. Showings are strictly by appointment only, following the execution of a fully signed contract, and access will be granted during inspections. Do not contact tenants.
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
Similar Nearby for Lease
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.