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Property profile & analytics
OFF-MARKET
Small apartment buildings

596 109 St Miami Shores, FL 33168

1,569 SF Built 1948
Property ID
US18-4081357
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Small apartment buildings
Year built 1948
Total area 1,569 SF
UPID US18-4081357
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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