570 48Th St Miami, FL 33127
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 570 48Th St
- Year built
- 1924
- Property type
- Small apartment buildings
Description
This stunning, fully renovated duplex in Miami's Buena Vista neighborhood presents a compelling investment opportunity, boasting a 6.00% cap rate. Built in 1924 and meticulously updated, this Class A property features two units: a main residence and a separate guest studio. The main residence showcases a brand-new kitchen equipped with state-of-the-art cabinetry, an island, and high-end appliances. Elegant tile flooring and luxurious bathroom finishes enhance the property's appeal. A fenced backyard provides privacy and separates the main residence from the guest studio. The guest studio, accessed via its own gate and driveway, offers versatility for hosting guests or generating rental income. This single-story building is ideally situated in a rapidly developing area, providing convenient access to the Design District, Midtown shops, and the Wynwood Art District. The asking price is $945,000. This property is perfect for both investors seeking strong returns and owner-occupants desiring a luxurious and convenient lifestyle in a vibrant Miami neighborhood. The address is 570 NW 48th Street, Miami, FL 33127, within Miami-Dade County.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2052417
- Latitude
- 25.8196315
