1044 29Th StMiami, FL 33127

Property Details for 1044 29Th St

Year built

1983

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional four-unit apartment building presents a lucrative investment opportunity in the vibrant Miami, Florida market. Located at 1044 NW 29th St, Miami, FL 33127, this property boasts a prime location just five minutes from the trendy Wynwood neighborhood. Built in 1983, this two-story building comprises four units, making it ideal for both long-term and short-term rentals, including Airbnb. The asking price is $1,900,000. The property has undergone a complete rehabilitation, featuring modern impact windows, enhancing both its aesthetic appeal and its resilience against severe weather. Each unit is fully furnished, minimizing vacancy periods and maximizing rental income potential. This turnkey investment is ready for immediate occupancy and income generation. An added advantage is the possibility of acquiring the adjacent sister building, offering significant expansion potential for a larger portfolio. This property is situated in Miami-Dade County and offers a compelling blend of location, condition, and income potential, making it an attractive investment for discerning buyers. The property's coordinates are 25.8031255 latitude and -80.212284 longitude.

Location Insight

City

Miami

County

Miami-Dade

State

Florida

Latitude

25.8031

Longitude

-80.2123

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