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Queens Park 11128 NW 17th Ave

2 Unit Apartment Building $1,199,999 ($600,000/Unit) 6.50% Cap Rate Miami, FL 33167

Investment Highlights

  • Great property for investors

Executive Summary

Welcome to this brand-new duplex in the sought-after Queens Park subdivision! Each unit offers 4 bedrooms and 3 bathrooms, totaling 8 bedrooms and 6 bathrooms. The kitchens feature top-of-the-line appliances and Calacatta countertops. With impact windows and doors, this property is perfect for investors or those looking to live in one unit while the other helps pay the mortgage. Located minutes from I-95, Gratigny Expressway, Downtown Miami, Wynwood, and both Miami and Ft. Lauderdale airports, it's ideal for convenience and investment. Don’t miss this amazing opportunity!

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $1,199,999
Price Per Unit $600,000
Sale Type Investment
Cap Rate 6.50%
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 0.24 AC
Building Size 3,360 SF
Average Occupancy 50%
No. Stories 2
Year Built 2024

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+3 3 $4,325 1,680

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-2134-011-1450
Land Assessment
$212,000
Improvements Assessment
$0
Total Assessment
$212,000

zoning

Zoning Code RU-2 (Multifamily)
RU-2 (Multifamily)
  • Listing ID: 33911404

  • Date on Market: 11/18/2024

  • Last Updated:

  • Address: 11128 NW 17th Ave, Miami, FL 33167

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