For Sale
$1,199,999

2628 31St PlMiami, FL 33133

Prime Miami Multifamily Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 2-story, 5-unit apartment building, located at 2628 SW 31st Pl in Miami, Florida, presents a lucrative investment opportunity. Built in 1948, the property boasts a strong rental history, currently generating nearly $130,000 in gross profit as of August 19, 2024. All five units are fully furnished and recently remodeled, maximizing rental income potential. The property's convenient Miami location in Miami-Dade County, zip code 33133, ensures high occupancy rates. The building's current configuration includes a mix of apartment units, operating effectively as a short-term rental property via Airbnb. This turnkey investment is ideal for both seasoned investors and those seeking a high-return, low-maintenance property. The asking price is $1,199,999. Further details and supporting documentation are available upon request. This is a rare chance to acquire a well-maintained, high-performing multifamily property in a desirable Miami location. Don't miss this opportunity to capitalize on the robust Miami real estate market. The property is classified as a Multifamily building, specifically an Apartment Building, Duplex/Triplex/Quadruplex.

Highlights

  • Exceptional 2-story, 5-unit apartment building in Miami, FL.
  • Generating nearly $130,000 annual gross profit (as of 8/19/2024).
  • Fully furnished and recently remodeled units maximizing rental income.
  • Prime Miami location (33133) ensures high occupancy.
  • Currently operating as a short-term rental (Airbnb).
  • Turnkey investment, asking price $1,199,999.

Property Details for 2628 31St Pl

Property type
Apartment buildings, Small apartment buildings
Year Built
1948
Stories
2

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.7426428
Longitude
-80.2455723
2628 31St Pl, Miami, Florida

FAQs

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2628 31St Pl
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