571 NE 67th St

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571 NE 67th St

Miami, FL 33138
Asking Price
$1.55M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building located in Miami, Florida.
  • Property consists of four individual residential units.
  • Asking price for this asset is $1,549,000.
  • Located within the 33138 ZIP code in Miami.
  • Well-suited for investors targeting the multifamily sector.

What's Special

Miami remains a central hub for commerce and residential growth in South Florida, consistently attracting demand for diverse housing options. Situated at 571 NE 67th St, this apartment building presents a distinct multifamily asset within the 33138 ZIP code. The property features a total of 4 units, providing a manageable scale for investors looking to expand their footprint in a primary market. Given the ongoing urbanization and population density of the region, this location is well-positioned to support sustained tenant interest. Its configuration as a four-unit residential complex allows for various management strategies, whether for long-term rental income or potential repositioning. The property occupies a strategic position within the city, benefitting from proximity to the economic drivers and infrastructure that define the Miami metropolitan area.

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NOI
$80,000
Cap Rate
5.16%
DSCR
0.87
Underwater
Cash-on-Cash
-2.57%
Monthly Payment
$7,663.607
Annual Cash Flow
$-11,963.282

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