For Sale
$850,000

2250 103Rd StMiami, FL 33147

High-yield triplex, strong rental income.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional income-producing triplex, located at 2250 NW 103rd St, Miami, FL 33147, presents a compelling investment opportunity. The property, built in 1948, comprises three distinct rental units within a single-story, 2,142 square foot building. Situated in a high-traffic commercial zone of Miami-Dade County, its location offers unparalleled convenience for tenants, with proximity to businesses, restaurants, retail spaces, and public transportation. Each unit is generously sized and equipped with its own meter, allowing for independent utility billing. Current market rates indicate potential for rental increases, promising strong future growth. The property's commercial zoning (5700/DUPLEXES GENERAL, MULTIFAMILY 2-9 UNITS, 3 OR MORE UNITS) allows for flexibility, including potential future redevelopment or mixed-use options, further enhancing its investment appeal. Ongoing development in the surrounding area suggests continued value appreciation, making this a truly attractive investment with both immediate rental income and long-term growth potential. The asking price is $850,000.

Highlights

  • Exceptional income-producing triplex in Miami, FL.
  • Three distinct rental units totaling 2,142 square feet in a single-story building.
  • High-traffic commercial zone location with proximity to amenities and public transportation.
  • Each unit features individual utility meters.
  • Commercial zoning (5700/DUPLEXES GENERAL, MULTIFAMILY 2-9 UNITS, 3 OR MORE UNITS) allows for flexibility and potential redevelopment.
  • Asking price: $850,000.

Property Details for 2250 103Rd St

Property type
Apartment buildings, Small apartment buildings
Square Feet
2,142 SF
Year Built
1948
Stories
1

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8680834
Longitude
-80.2354967
2250 103Rd St, Miami, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2250 103Rd St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message