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Property profile & analytics
OFF-MARKET
Small apartment buildings

645 151St St Miami, FL 33162

Built 1965
Property ID
US18-8956357
Property summary
AI-generated overview

This charming 1-story, 3-unit apartment building, constructed in 1965, presents a fantastic investment opportunity in Miami, Florida. Located at 645 NE 151st St, Miami, FL 33162, this property boasts a desirable location within Miami-Dade County. The duplex has been thoughtfully divided into three separate units, providing flexibility and potential for strong rental income. Recent upgrades significantly enhance the property's value and appeal. These improvements include a brand-new roof and a recently installed drain field, ensuring long-term functionality and minimizing maintenance concerns. The central air conditioning system is only four years old, providing efficient and comfortable climate control for tenants. Adding to the property's allure is a refreshing covered pool, a highly sought-after amenity that will attract tenants and increase rental rates. The kitchen has been recently updated with new cabinets, further enhancing the property's desirability. This turnkey investment is priced at $679,900 and offers a compelling opportunity for immediate income generation and long-term appreciation in the thriving Miami real estate market.

Property profile
Verified
Property type Small apartment buildings
Year built 1965
UPID US18-8956357
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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