541 142 St North Miami, FL 33161
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.
-
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.