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Property profile & analytics
OFF-MARKET
Apartment buildings

265 150Th St Miami, FL 33161

Built 1954
Property ID
US18-4054874
Property summary
AI-generated overview

This exceptional Miami duplex, located at 265 NE 150th St, 33161, presents a compelling investment opportunity. Built in 1954, this single-story building features two units, each currently configured as a two-bedroom, one-bathroom apartment. The property sits on a substantial lot, offering significant expansion potential. Detailed plans are available for converting each unit into a three-bedroom, two-bathroom layout, significantly increasing rental income. The expansive lot also allows for the addition of a swimming pool, enhancing the property's appeal and value. Mature mango trees provide additional landscaping charm. Ample space exists both in front and behind the building, offering flexibility for future development or outdoor amenities. This property is situated in Miami-Dade County, Florida, and is conveniently located in the 33161 zip code. Note that this property is approved for a $15,000 grant for first-time homebuyers. Further details regarding this grant program are available upon request. This is a rare opportunity to acquire a well-located duplex with substantial upside potential in a thriving Miami market.

Property profile
Verified
Property type Apartment buildings
Year built 1954
UPID US18-4054874
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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