596 109 St Miami Shores, FL 33168
This exceptional investment opportunity presents a legally zoned duplex located at 596 NW 109th St, Miami, Florida, 33168, in Miami-Dade County. Built in 1948, this single-story property boasts a total of 1,569 square feet. The property comprises two distinct units. The front unit, currently rented month-to-month for $1,700, features four bedrooms and two bathrooms, and benefits from a central air conditioning system less than five years old. The rear unit, offering one bedroom and one bathroom, is currently vacant and equipped with window air conditioning units. Each unit has its own separate meter, allowing for independent utility billing and maximizing rental income flexibility. The property's convenient location near major highways, schools, and shopping centers ensures strong tenant demand and future appreciation potential. This is an ideal investment for those seeking a multifamily property in a desirable Miami location with immediate rental income and significant upside. The asking price for this property is $549,900. This duplex presents a compelling opportunity to capitalize on the robust Miami real estate market.
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.