1 / 1511120 NW 6th Ave, Miami Shores FL 33168
Miami Shores, FL
List Price
$797,000
Type
Duplex
Price / SqFt
$370/sqft
Price reduction
11.1% below original list — was $897,000
Occupancy
tenant
From the listing
Turnkey multi-family investment in desirable Miami Shores! Fully tenant-occupied with immediate income: Unit 1 (2/1) $2,250/mo, Unit 2A (2/1) $2,250/mo, Unit 2B (1/1) $1,250/mo. Renovated units with brand-new appliances and a 3-year-old roof. Features one water meter (water included) and two electric meters. Spacious backyard with tropical trees. Prime location near I-95, top schools, and shopping. Don’t miss this income-producing opportunity! All showings must be requested through ShowingTime.
Property Information
- Square Feet
- 2,155
- Units
- 3
- Days on Market
- 43
- Status
- active
Location
- County
- Miami-Dade County
- Zip Code
- 33168
- Coordinates
- 25.8772, -80.2084
Represented by Academia
Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.
Permit history
Permit records
Live permit data isn’t available via open data for this jurisdiction yet — check the official record directly.
Private inquiry
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Why this deal
- 11.1% off original list price
- Multifamily with 3 units
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
48/100
Fair
is scored →
Scored neutral: our comparable-sale selection is being rebuilt so that it no longer references the asking price, and we will not score equity from an estimate we are not willing to publish.
11.1% off original list (full marks at 25%+).
43 days on market (full marks at 120+ — more time = more leverage).
Soft motivation language (value-add, motivated, tenant-occupied, cash-only).
A screen of the public MLS data we have — not an appraisal, valuation, or investment advice. Factors marked “assumed” were missing from the feed and scored neutral.
Deal scorecard
How four stakeholders read this deal
Strengths
- Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated
Risks
- Equity not yet estimated — no comps available for ARV
- Roof age ~59 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
What a super-investor sees
Investor
Investor equity estimate based on ARV from closed MLS comps minus list price and estima…
- Equity not yet estimated — no comps available for ARV
What a bank sees
Lender / financing
Lender financeability estimate based on list price, ARV, and condition signals. Not a f…
What an insurer sees
Insurance / 4-point
Insurability read from roof, electrical, plumbing and HVAC ages in the public record. M…
- Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated
- Roof age ~59 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
What a GC / AHJ sees
Permits / condition
Permit records for Miami Shores are not machine-readable by us yet, so no permit search was run. Verify directly with the building department.
4-point — last permit
- Roofnot covered
- Electricalnot covered
- Plumbingnot covered
- HVACnot covered
Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-11-15. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
11120 NW 6th Ave, Miami Shores FL 33168, Miami Shores, FL
ARV is seeded from the asking price, not from comps — enter your own after-repair value. We are rebuilding comparable-sale selection so it no longer references the ask, and we will not pre-fill this field from an estimate we are not publishing.
Recommended max offer
$491,712
Room vs list (above list)
$305,288
Est. equity
-$121,365
-15% of ARV, at list
ROC at list
-13%
Est. all-in at list
$918,365
list + rehab + txn + carry
70% rule MAO
$533,400
Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.