This exceptional multifamily investment property, located at 2843 SW 37th Ct in Miami, Florida, 33134, presents a compelling opportunity for savvy investors. Built in 1947, this one-story duplex boasts a prime location in Miami, offering convenient access to Shenandoah, Coconut Grove, Coral Gables, and Downtown Miami. The property sits on a sizable lot, presenting significant potential for future expansion or redevelopment. Each of the two units features two bedrooms and one bathroom, recently updated with remodeled kitchens and bathrooms, and tile flooring throughout. Currently generating income with established tenants, the leases are set to expire in April and June of 2025. This property's strategic location places it just minutes away from Miami International Airport, a wide array of shopping options, and diverse dining establishments. The asking price for this income-producing asset is $845,000. Serious inquiries only. Please respect the privacy of the tenants and refrain from disturbing them or the owner.

Property type Apartment buildings

Year built 1947

UPID US18-5808551

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

2843 37Th Ct Miami, FL 33134

Miami metro

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