1341 NE 149th St

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1341 NE 149th St

Miami, FL 33161
Asking Price
$680K
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 is located at 1341 NE 149th St.
  • Asking price for the apartment building is $680,000.
  • Asset benefits from the stable regional Miami economy.
  • Suited for investors targeting residential rental portfolio growth.

What's Special

Miami serves as a primary hub for international commerce and trade, supported by a dense population and consistent demand for rental housing across its diverse submarkets. The property at 1341 NE 149th St represents a multifamily investment opportunity within this dynamic regional economy. As an apartment building, this asset provides an option for investors seeking to maintain a residential rental presence in a well-established Florida market. The location offers proximity to regional transportation infrastructure and the logistical advantages associated with the greater Miami area. Given the sustained growth of the local housing market, this building is suited for operators looking to manage residential units in a densely populated urban environment. Prospective buyers can leverage the site's accessibility to capitalize on the ongoing demand for rental units in North Miami, contributing to a stable income stream in a competitive real estate landscape.

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NOI
$80,000
Cap Rate
11.76%
DSCR
1.98
Strong
Cash-on-Cash
19.43%
Monthly Payment
$3,364.269
Annual Cash Flow
$39,628.772

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