For Sale
$1,250,000

9111 4Th Ave Miami, FL 33150

Turnkey Duplex, High ROI, Owner Financing Available

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional one-story, 1954-built duplex in Miami, Florida, presents a lucrative investment opportunity. Located at 9111 NW 4th Ave, Miami, FL 33150, in Miami-Dade County, this property boasts a prime location, nestled between Miami Shores and El Portal, offering the advantages of unincorporated Miami-Dade County. The duplex comprises two units: a three-bedroom, three-bathroom unit and a two-bedroom, one-bathroom unit. All windows and doors are hurricane-rated, ensuring peace of mind. Currently operating as a successful Airbnb, the property is being sold fully furnished, allowing for immediate continuation of the established business. Solid bookings are secured through November 2024. The asking price is $1,250,000, with owner financing available. The property generates a gross income exceeding $132,000, yielding a 6% capitalization rate. This turnkey investment offers a compelling blend of location, established income stream, and potential for future growth. The property's strong performance and owner financing make it an attractive proposition for savvy investors.

Highlights

  • Exceptional one-story duplex in prime Miami location (9111 NW 4th Ave, Miami, FL 33150).
  • 1954-built duplex featuring a 3/3 and a 2/1 unit.
  • Hurricane-rated windows and doors.
  • Fully furnished and operating as a successful Airbnb with bookings through November 2024.
  • Asking price: $1,250,000 with owner financing available.
  • Gross annual income exceeding $132,000, 6% cap rate.

Property Details for 9111 4Th Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
1954
Stories
1

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8585647
Longitude
-80.2042865

FAQs

What type of property is this?
Apartment building - Turnkey Duplex, High ROI, Owner Financing Available
Where is the apartment building located?
The property is located at 9111 4Th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Exceptional one-story duplex in prime Miami location (9111 NW 4th Ave, Miami, FL 33150).; 1954-built duplex featuring a 3/3 and a 2/1 unit.; Hurricane-rated windows and doors.
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.
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9111 4Th Ave
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