7536 1St Ave Miami, FL 33138
- Small apartment buildings
Current Use by Public Records
- Rachel’s House / Place Of Worship
Property Details for 7536 1St Ave
- Year built
- 1930
- Property type
- Small apartment buildings
Description
This charming 1930s, one-story duplex in Miami's Little River Gardens neighborhood presents a unique investment opportunity. Located at 7536 NE 1st Ave, Miami, FL 33138, this property offers immediate rental income with significant future development potential. The duplex comprises two units: a two-bedroom, one-bathroom unit and a one-bedroom, one-bathroom unit. Both units benefit from recently installed brand new impact windows and doors, a new roof, and central air conditioning, minimizing maintenance concerns for the new owner. The property sits on a lot zoned for up to five stories and nine units, allowing for substantial expansion and increased rental income in the future. This presents a rare chance to acquire a well-maintained property in a desirable location with the potential for significant appreciation and substantial returns. The asking price for this exceptional investment is $650,000. This property is ideal for both seasoned investors seeking strong returns and those looking to capitalize on Miami's thriving real estate market. Don't miss this chance to secure a piece of Miami's vibrant future.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1954011
- Latitude
- 25.844433
