Property profile

2604 9Th St Miami, FL 33135

OFF-MARKET
Specialty properties
Property ID
US18-2212974
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Property summary

AI-generated overview

This exceptional Miami property, located at 2604 SW 9th St, Miami, FL 33135, presents a unique development opportunity. Currently priced at $550,000, this special purpose property boasts a highly desirable location in Miami-Dade County. The existing structure offers a three-bedroom, three-bathroom unit that can generate rental income while securing necessary city approvals for a new development. The property is zoned for multi-family use, allowing for the construction of between two and nine units. Prospective buyers are encouraged to verify development specifics with the city. The seller is firm on the asking price of $550,000 and will not consider offers below this amount. This is an excellent chance to capitalize on Miami's thriving real estate market and create a lucrative multi-family investment. The property's latitude and longitude coordinates are 25.7642343 and -80.237991 respectively. This prime location offers significant potential for a savvy investor seeking a high-return development project. Don't miss this chance to acquire a valuable piece of Miami real estate.

Property profile

Verified
Property type Specialty properties
UPID US18-2212974

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Hardware & Home Improvement

Location

2604 9Th St Miami, FL 33135
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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