645 151St St Miami, FL 33162
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.
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.