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Gladeview Duplexes 1847 NW 70th St 6 Unit Apartment Building $3,000,000 ($500,000/Unit) 5.58% Cap Rate Miami, FL 33147
Executive Summary
Gladeview Duplexes is a six-unit multifamily portfolio made up of three two-story duplex buildings on adjacent parcels in NW Miami-Dade County (33147). Completed in 2023, all six units are spacious three-bedroom, three-bath layouts of approximately 1,150 square feet, with no deferred maintenance and modern systems still well within their useful life.
Built to the 2020 Florida Building Code in Miami-Dade’s High-Velocity Hurricane Zone, the buildings feature impact-rated windows and doors throughout, hip roofs, and double-wrapped roof-to-wall connections — a hardened, wind-mitigated profile that supports favorable insurance pricing and low ongoing maintenance.
Offered free and clear of existing financing, Gladeview presents a turnkey opportunity for a private investor or 1031 exchange buyer to acquire a manageable, cash-flowing, maintenance-light asset in a supply-constrained Sunbelt market.
Built to the 2020 Florida Building Code in Miami-Dade’s High-Velocity Hurricane Zone, the buildings feature impact-rated windows and doors throughout, hip roofs, and double-wrapped roof-to-wall connections — a hardened, wind-mitigated profile that supports favorable insurance pricing and low ongoing maintenance.
Offered free and clear of existing financing, Gladeview presents a turnkey opportunity for a private investor or 1031 exchange buyer to acquire a manageable, cash-flowing, maintenance-light asset in a supply-constrained Sunbelt market.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Stainless Steel Appliances
- Quartz Countertops
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 6 | $3,050 | 1,150 |
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Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 30-3115-005-7000 | Improvements Assessment | $361,944 |
| Land Assessment | $136,800 | Total Assessment | $498,744 |
Property Taxes
Parcel Number
30-3115-005-7000
Land Assessment
$136,800
Improvements Assessment
$361,944
Total Assessment
$498,744
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