9111 4Th AveMiami, FL 33150
- Apartment buildings
Property Details for 9111 4Th Ave
- Year built
- 1954
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
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.
Location Insight
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Latitude
- 25.8586
- Longitude
- -80.2043
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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