1371 NE 150th St

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1371 NE 150th St

Miami, FL 33161
Asking Price
$595K
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 sale in Miami.
  • Property is listed at an asking price of $595,000.
  • Located at 1371 NE 150th St in the 33161 zip code.
  • Positioned within the active and densely populated Miami residential market.
  • Suitable for investors managing small to midscale rental portfolios.

What's Special

Priced at $595,000, this apartment building provides a clear investment entry point within the Miami market. The property is situated at 1371 NE 150th St, benefiting from the broader economic activity and dense residential fabric of North Miami. This multifamily asset is well-positioned for investors seeking to capture value in a region that continues to experience steady population growth and high demand for rental housing. Proximity to major transportation arteries allows for efficient connectivity across the Miami metropolitan area, making it a functional choice for residents working in central business hubs or local commercial districts. Given its size and asset class, the building is suited for small-to-midscale residential portfolios focused on stable income streams. The site density and zoning typical of this section of Miami suggest continued utility for long-term residential leasing operations. This property offers a pragmatic addition to a regional portfolio where proximity to the coastline and urban amenities remains a primary driver for tenant interest.

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NOI
$80,000
Cap Rate
13.45%
DSCR
2.26
Strong
Cash-on-Cash
25.03%
Monthly Payment
$2,943.735
Annual Cash Flow
$44,675.176

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