581 113Th St Miami, FL 33168
This meticulously renovated 1958-built duplex in desirable Miami Shores, Florida, presents a fantastic investment opportunity. Located at 581 NW 113th St, Miami Shores, FL 33168, this single-story property offers two identical units, each boasting two bedrooms and one bathroom. The units are in excellent condition, reflecting recent renovations. A significant advantage is the substantial backyard, enhanced by a privacy fence, offering residents a peaceful retreat. The property's income-generating potential is undeniable, making it an attractive proposition for investors seeking a strong return. The asking price is $630,000. Situated in Miami-Dade County, this duplex benefits from its location in the sought-after Miami Shores community. The property's excellent condition, combined with its desirable features and location, makes it a compelling investment opportunity. The seller is motivated to finalize a sale, suggesting a potential for negotiation. This turnkey property requires minimal effort to begin generating immediate income. The property's single-story design is also a notable feature. This duplex represents a rare chance to acquire a well-maintained, income-producing asset in a prime Miami Shores location.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.