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Property profile & analytics
OFF-MARKET
Apartment buildings

8960 2Nd Ave El Portal, FL 33138

1,834 SF Built 1968
Property ID
US18-1543126
Property summary
AI-generated overview

This exceptional investment opportunity presents a 1968-built, two-unit apartment building in El Portal, Florida. Boasting 1,834 square feet, this single-story duplex sits on an oversized lot providing ample rear parking. The property benefits from both residential and office zoning, offering significant flexibility for future development. Its prime location on NE 2nd Avenue ensures excellent visibility and easy access to major areas, including Downtown Miami, Miami Shores, Miami Beach, North Bay Village, the Design District, Wynwood, and the UM Jackson Medical Campus. Airports are also conveniently close. Recent updates include central air conditioning, impact windows, and separate laundry facilities for each unit. The property is fully fenced, enhancing security and privacy. The asking price is $1,450,000. This property is ideal for investors seeking a steady rental income stream with the potential for significant future appreciation. Its central location and versatile zoning make it a truly compelling investment opportunity in a thriving Miami-Dade County market. Don't miss this chance to acquire a well-maintained, updated property in a highly desirable area.

Property profile
Verified
Property type Apartment buildings
Year built 1968
Total area 1,834 SF
UPID US18-1543126
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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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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