For Sale
$950,000

1647 29Th AveMiami, FL 33125

High-yield, turnkey fourplex near Freedom Park

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional one-story, four-unit apartment building, constructed in 1967, presents a compelling investment opportunity in Miami, Florida. Located at 1647 NW 29th Ave, in the 33125 zip code, this property boasts five bedrooms and four full bathrooms distributed across its four fully furnished units. Each unit is equipped with all necessary appliances, making it a truly turnkey operation. The property's proven track record of success over the past two years as a short-term rental, potentially including Airbnb, demonstrates its strong income-generating potential. Its convenient location offers proximity to Miami Freedom Park, the future home of the Inter Miami CF stadium, promising continued growth and high demand in the area. This is a rare chance to acquire a hassle-free, high-performing multifamily property in a prime Miami location. The asking price for this exceptional investment is $950,000. The property's single-story design and established rental history make it an attractive option for investors seeking immediate returns and long-term appreciation. Don't miss this chance to own a piece of Miami's vibrant real estate market.

Highlights

  • $950,000 asking price.
  • Multifamily property; fourplex apartment building.
  • Built in 1967, one-story.
  • Five bedrooms and four full bathrooms across four furnished units.
  • Excellent short-term rental history (Airbnb potential).
  • Prime Miami location, minutes from future Inter Miami CF Stadium.

Property Details for 1647 29Th Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
1967
Stories
1

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.7897703
Longitude
-80.2416514
1647 29Th Ave, Miami, Florida

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1647 29Th Ave
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