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Property profile & analytics
FOR SALE
Small apartment buildings

2637 NW 23Rd Ct Miami, FL 33142

Built 1959
Property ID
US18-2646118
Property summary
AI-generated overview

This charming 1959-built duplex in Miami's desirable Allapatah neighborhood presents a fantastic investment opportunity. Priced at $699,999, this property offers two units, each featuring one bedroom, one full bathroom, and a den that could easily function as a second bedroom. Both units are equipped with split and wall air conditioning systems, ensuring year-round comfort. The property boasts impact doors and windows throughout, providing enhanced security and protection. Ample parking is available, accommodating 4-6 vehicles. The kitchens feature brown cabinets, and a fully permitted concrete block storage unit with electrical wiring adds valuable extra space. The property is situated in a T4-R zoning area, allowing for the potential conversion into a triplex, increasing rental income. Currently occupied by good tenants, this duplex offers immediate cash flow and significant upside potential. The property's location in Allapatah provides easy access to Miami's vibrant city life. This is a rare opportunity to acquire a well-maintained, income-producing property in a highly sought-after area. Don't miss out on this exceptional investment.

Property profile
Verified
Property type Small apartment buildings
Year built 1959
UPID US18-2646118
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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