Appraised value on May 20,2025 at 865,000 (See Attached). Buy in with Instant Equity. Close to 10% CAP Rate! Exceptional opportunity to own a fully renovated triplex in Miami’s fast-growing Pinewood neighborhood. All violations have been cleared by the sel

1102 NORTH WEST 103RD STREET #3, Miami

$749,000 USD
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Address1102 NORTH WEST 103RD STREET #3, Miami
Building Name2ND
Type of PropertyTriplex
Property StyleTriplex
Price$749,000
Previous Price$789,000 (4 days ago)
Property StatusPending
MLS NumberA11893787
Living Area2005
Year Built1945
Parking Space Number4
Folio Number30-31-02-007-0010
Zoning Information5700
Days on Market4

Detailed Description: Appraised value on May 20,2025 at 865,000 (See Attached). Buy in with Instant Equity. Close to 10% CAP Rate! Exceptional opportunity to own a fully renovated triplex in Miami’s fast-growing Pinewood neighborhood. All violations have been cleared by the seller, making this a true turnkey investment. All three units are fully occupied (on-time tenants), generating a total monthly income of $6,975. Two of the units are currently on new one-year leases. Each unit showcases modern finishes, stainless steel appliances, and elegant bathrooms. Situated on a corner lot within a federally designated Opportunity Zone, the property offers attractive tax incentives and strong appreciation potential. Just minutes from major highways, shopping, and downtown Miami, this property is a perfect fit for both new and experienced investors seeking cash flow and long-term growth.

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33150
Address1102 NORTH WEST 103RD STREET
Section2
Zip Code (4 Digits)1038
Financial Information
Price$749,000
Price per Foot$0
Previous Price$789,000
Folio Number30-31-02-007-0010
Tax Amount$7,964
Tax Year2023
Type of ContingenciesFinancing
Full Descriptions
Detailed DescriptionAppraised value on May 20,2025 at 865,000 (See Attached). Buy in with Instant Equity. Close to 10% CAP Rate! Exceptional opportunity to own a fully renovated triplex in Miami’s fast-growing Pinewood neighborhood. All violations have been cleared by the seller, making this a true turnkey investment. All three units are fully occupied (on-time tenants), generating a total monthly income of $6,975. Two of the units are currently on new one-year leases. Each unit showcases modern finishes, stainless steel appliances, and elegant bathrooms. Situated on a corner lot within a federally designated Opportunity Zone, the property offers attractive tax incentives and strong appreciation potential. Just minutes from major highways, shopping, and downtown Miami, this property is a perfect fit for both new and experienced investors seeking cash flow and long-term growth.
Roof DescriptionShingle
Floor DescriptionTile
Cooling DescriptionCeiling Fan (s), Central Air
Heating DescriptionElectric
Sewer DescriptionPublic Sewer
Property parameters
Living Area2005
Zoning Information5700
Year Built1945
Type of PropertyTriplex
StyleTriplex
Building Name2ND
Development Name2ND
Construction TypeConcrete Block Construction
Stories Number1.000
Street DirectionNorth West
Parking Space Number4
Listed withThe Keyes Company