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Property profile & analytics
OFF-MARKET
Small apartment buildings

503 29Th Ct Miami, FL 33135

Built 1949
Property ID
US18-8914314
Property summary
AI-generated overview

This charming 1949-built duplex in Miami's desirable Carolina Heights neighborhood presents a fantastic investment opportunity. Located on a corner lot at 503 SW 29th Ct, Miami, FL 33135, this single-story multifamily property boasts two 2-bedroom, 1-bathroom units, each featuring in-unit washer/dryer and central A/C. Tile flooring runs throughout both units. One unit has undergone a complete renovation, including a remodeled bathroom, new LED lighting, updated kitchen cabinets and appliances, a pantry, a tankless water heater, and new blinds. This unit also includes an electrical gate for secure back parking. The roof was replaced in June 2012, and accordion hurricane shutters protect all windows. Currently, one unit is vacant and readily available for showing, while the other is occupied under a lease expiring in December 2024. This property offers a blend of immediate income potential and long-term appreciation in a highly sought-after Miami location. The asking price is $749,900. Don't miss this chance to acquire a well-maintained, high-return duplex in a prime Miami neighborhood.

Property profile
Verified
Property type Small apartment buildings
Year built 1949
UPID US18-8914314
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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