For Sale
$600,000

195 68Th StMiami, FL 33150

Two-unit, fully occupied duplex in Miami, FL.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a fully occupied two-unit duplex located at 195 NW 68th St, Miami, FL 33150, in Miami-Dade County. Built in 1978, this two-story townhome-style apartment building offers a compelling return on investment. Each of the two units boasts two bedrooms and one and a half bathrooms, currently rented below market value on a month-to-month basis. The property's central Miami location provides easy access to I-95, Downtown Miami, and area beaches, enhancing its appeal to a wide range of tenants. The current rental income presents immediate cash flow, with significant potential for increased revenue. Each unit's rent can be raised to $2,500 per month, representing a substantial increase in profitability. The asking price for this property is $600,000. This duplex presents a rare chance to acquire a well-located, income-generating asset with considerable upside potential in a thriving Miami market. The property's strong location and potential for rental increases make it an attractive investment for both seasoned and new investors seeking a solid return. Serious inquiries are encouraged.

Highlights

  • $600,000 asking price.
  • Multifamily property, specifically a two-story duplex in Miami, FL.
  • Built in 1978.
  • Each unit features two bedrooms and one and a half bathrooms.
  • Currently fully occupied with below-market rents, offering significant upside potential.
  • Excellent location near I-95, Downtown Miami, and the beach.

Property Details for 195 68Th St

Property type
Apartment buildings, Small apartment buildings
Year Built
1978
Stories
2

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8371924
Longitude
-80.2002335
195 68Th 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].
195 68Th 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