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Property profile & analytics
OFF-MARKET
Small apartment buildings

541 142 St North Miami, FL 33161

Built 1947
Property ID
US19-0776294
Property summary
AI-generated overview

This charming 1947-built, single-story apartment building in North Miami, Florida presents a compelling investment opportunity. Located at 541 NE 142nd St, zip code 33161, this three-unit multifamily property offers a strong foundation for immediate income generation and potential future appreciation. The property is situated in Miami-Dade County, within easy reach of local amenities and transportation networks. The building's solid construction and established tenancy provide a stable investment profile. With three individual units, this property offers flexibility for managing occupancy and maximizing rental income. The asking price is $1,300,000, representing a competitive entry point into the North Miami real estate market. This is an excellent opportunity for investors seeking a proven, cash-flowing asset in a desirable location. The property's single-story design simplifies maintenance and management, minimizing operational complexities. Given its age and location, there is potential for value enhancement through strategic renovations or upgrades. This property is ideal for both seasoned investors and those seeking their first foray into multifamily ownership. Detailed financial information and property reports are available upon request. Don't miss this chance to acquire a well-positioned multifamily asset in a thriving Florida market.

Property profile
Verified
Property type Small apartment buildings
Year built 1947
UPID US19-0776294
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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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