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Property profile

7243 63Rd Ct South Miami, FL 33143

OFF-MARKET
Apartment buildings
Property ID
US18-3974787
View Sample
Built 1956

Property summary

AI-generated overview

This charming South Miami duplex presents a fantastic investment opportunity. Built in 1956, this single-story property features two identical units, each boasting two bedrooms and one bathroom. Recent renovations include updated kitchens and bathrooms, ensuring modern appeal for tenants. Each unit also includes its own washer and dryer, a significant convenience for residents. Ample parking is available with a total of six spaces, three assigned to each unit. The property further benefits from a new roof installed in 2023, providing peace of mind for years to come. Hurricane impact windows and doors offer enhanced security and protection. The units also feature generous closet space. Each unit has its own fenced backyard, providing privacy and outdoor space. The property's exceptional location is a key selling point, situated near South Miami and Larkin Hospital, the University of Miami, downtown South Miami, US1, and the Palmetto Expressway, offering easy access to major transportation routes and amenities. The asking price is $1,099,000. This duplex represents a strong investment opportunity in a desirable South Florida location.

Property profile

Verified
Property type Apartment buildings
Year built 1956
UPID US18-3974787

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Party Supply Store (Bike/Boat/Book/etc) Store
  • Big Box & Wholesale Store
  • Hat Shop
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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