3199 26Th StMiami, FL 33133

Property Details for 3199 26Th St

Year built

1967

Lot size

0.16 AC

Zone code

7100:INDUSTRIAL,LIGHT MFG

Property type

Retail properties

Property subtype

Parking lots & garages

APN

30-3128-006-1090

APU

3031280061090

Description

This charming 1-story, 1,608 sq ft duplex, built in 1941, is located at 3199 SW 26th St, Miami, FL 33133, in the desirable Coconut Grove neighborhood, minutes from Coral Gables and Brickell. The property features two spacious units with modern finishes and private outdoor spaces, making it ideal for both investors and owner-occupants. Unit one boasts a 2-bedroom, 1-bathroom layout, while unit two offers a 1-bedroom, 1-bathroom configuration. Both units benefit from separate electric meters for convenient utility management. The property boasts a brand-new roof and flooring, adding significant value and reducing maintenance concerns. Its prime location offers easy access to excellent schools, top-rated restaurants, shopping, and public transportation. The absence of a homeowner's association (HOA) further enhances its appeal. This multifamily investment opportunity is priced at $775,000 and presents a fantastic chance to capitalize on Miami's thriving rental market. Don't miss this exceptional opportunity to acquire a well-maintained, income-generating property in a highly sought-after area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,959,148

  6.5%

  $2,731,522

  7%

  $2,536,413

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,523,488

  Geo Method

  $2,523,488

• Alternative Use

  Use

  Valuation

  Residential

  $2,304,140

  Hospitality

  $2,110,580

  Educational

  $1,755,978

  Medical

  $1,816,369

  Retail

  $2,731,522

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.7999

Longitude

-80.2478

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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