530 NW 99th St

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530 NW 99th St

Miami, FL 33150
Asking Price
$695K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Miami
  • Property encompasses a total of two individual rental units
  • Asset is listed at an asking price of $695,000
  • Located within the 33150 zip code of Miami FL
  • Features a strategic location within a high-density urban submarket

What's Special

This multifamily apartment building at 530 NW 99th St represents a straightforward investment option for those targeting the Miami rental market. Comprising two individual units, the property provides a functional asset for investors looking to expand their residential portfolio within the Miami-Dade region. The asset is situated in a well-established submarket that benefits from the dense population and continuous economic activity characteristic of the greater Miami area. Given the consistent demand for rental housing in this metropolitan landscape, the property is positioned to serve tenants seeking convenient access to urban infrastructure and major thoroughfares. Prospective buyers will find this an efficient addition to a local real estate holding, suitable for long-term lease operations or strategic repositioning. Its current configuration allows for manageable oversight, aligning with professional goals focused on steady multifamily growth within one of Florida's most active real estate corridors.

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NOI
$80,000
Cap Rate
11.51%
DSCR
1.94
Strong
Cash-on-Cash
18.58%
Monthly Payment
$3,438.481
Annual Cash Flow
$38,738.23

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