Closed

Floree, 5517 NW 1st Pl Miami, FL 33127

515,000(-17.48% )
$425,000Price
1,551SqFt

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Details

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Status:
Sold
Size: 1,551 ft2 / 144 m2
Price: $274 ft2 / $2,950 m2
Type: Multi Family
Built: 1960
MLS Number: A11464666
On Site: 587 Days
Updated: 461 Days ago
Page Views: 0
Welcome to this incredible investment opportunity in the heart of midtown miami! This spacious 2 bedroom, 2 bath duplex on each side offers an ideal canvas for an investor seeking a fix and flip venture. With two electrical meters, the potential to transform each unit into a highly desirable living space is within reach. Once renovated, each unit has the potential to fetch a monthly rental income of at least $2,250, making this a lucrative prospect for any savvy investor. Don't miss out on this chance to unlock the full potential of this midtown miami duplex!

Features

Bedrooms
Bathrooms
Exterior and Lot Features
Exterior Features: Porch,Patio

Price History

12/31/2023

Date

Sold

Event

$425K

Price

-17.48%

Change Rate

$274 ft2 / $2,950 m2

Price Per

10/05/2023

Date

Listed

Event

$515K

Price

$332 ft2 / $3,574 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Shaka LeeMAC Miami Realty Group, LLC. • Buyer Agency Compensation .

Instant Comparative Market Analysis

$100/ft²
$200/ft²
$300/ft²
$500/ft²

Unit 5517 NW 1st Pl – Asking

$274/ft²

(-13%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$314/ft²
Community $/Price Range (Closed) $354/ft² – $354/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
5511 NW 1st Pl2/41,666$354$590,00010/28/2024
# 66692/41,551$274$425,00012/27/2023
Bed/Bath: 2/4Size SqFt: 1,666$/SqFt: $354Sold: $590,000Closed Date: 10/28/2024
Unit: # 6669
Bed/Bath: 2/4Size SqFt: 1,551$/SqFt: $274Sold: $425,000Closed Date: 12/27/2023
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