1246 NW 9th Ave
About This Property
Zoned T6-8 under Miami 21 zoning which opens up one of many possibilities to built income producing in this very desireable area close to Downtown ,Hospitals and major highways,
This site is marketed for its potential for high- density redevelopment.
Highlighting the intense ongoing urbanization near Downtown and the Miami River
Buyer to do their own due diligence
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | Price Decreased |
$4,200,000
↓ $300K
(6.7%) | |
| Price Decreased | |||
| May 27, 2026 | Listed by Coldwell Banker Realty | $4,500,000 | |
| Listed by Coldwell Banker Realty | |||
| Sep 30, 2002 | Sold | ||
| Sold | |||
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About Downtown Miami
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Currently no similar homes aroundNearby Rentals
$7,900 /mo
- 3 Beds
- 2 Baths
- 1,977 ft²
$4,600 /mo
- 1 Bed
- 2 Baths
- 938 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017