1171 NW 66th st - Multi-Family FOR SALE


Miami, FL 33150- Liberty City
$799,000 USD
561-305-6161
1171 NW 66th st, Miami, FL for Sale
$799,000 USD
Multi-Family - FOR SALE
1/23
null | Request Cap Rate

1171 NW 66th st
Miami, FL 33150
Liberty City


HIGHLIGHTS

  • Brand-new, fully completed construction duplex with zero deferred maintenance and turnkey delivery
  • Two 3-bedroom / 2-bath units, each with private laundry, tankless water heaters, and modern finishes
  • Impact-resistant windows throughout, significantly reducing insurance and long-term operating costs
  • Two dedicated parking spaces per unit, a rare and valuable amenity in central Miami
  • Prime West Buena Vista location, minutes from Brickell, Downtown, Wynwood, and Miami Beach
  • Multiple investment strategies including full rental for strong cash flow or owner-occupant income optimization

OVERVIEW

Exceptional new construction duplex, now fully completed and delivered turnkey, located in the highly desirable West Buena Vista neighborhood—one of Miami’s fastest-growing and most centrally positioned submarkets. This newly built asset consists of two spacious 3-bedroom, 2-bathroom units, each thoughtfully designed with modern finishes and efficient layouts to support strong rental demand and long-term durability. Every unit features its own tankless water heater, dedicated laundry closet, and brand-new stainless steel appliances, offering contemporary comfort while reducing future maintenance costs. The property is equipped with impact-resistant windows throughout, significantly lowering insurance costs and enhancing safety and energy efficiency. With two assigned parking spaces per unit, the asset provides a valuable amenity rarely found in central Miami locations. The brand-new construction eliminates deferred maintenance concerns, making this a truly hassle-free, low-CapEx investment ideal for investors seeking predictable performance and long-term appreciation. Strategically located minutes from Brickell, Downtown Miami, Wynwood, and Miami Beach, and with convenient access to major highways and public transportation, the property benefits from a deep and consistent tenant pool driven by proximity to employment centers, lifestyle hubs, and cultural destinations. This location supports strong rent growth, high occupancy, and long-term value stability. The duplex offers multiple exit and use strategies, including full rental for attractive cash flow or an owner-occupant scenario where one unit can be lived in while the other generates income to offset mortgage payments. Incentives may be available for qualified owner-occupant buyers, further enhancing overall returns. A neighboring duplex is also available for sale, presenting a rare opportunity to acquire multiple newly constructed assets in the same high-demand location. This is an outstanding opportunity to secure a brand-new multifamily property in a supply-constrained Miami submarket where new construction opportunities are increasingly limited.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$188 USD /SF

# OF UNITS

2

PRICE/UNIT

$399,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1171 NW 66th st, Miami, FL 33150-4253

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,240 SF

ZONING

3900/MULTI-FAMILY - 38-62

APN/PARCEL ID

01-3114-021-0010

ASK ABOUT THIS PROPERTY

Stephen MolinariKW CommercialMore Info
561-305-6161

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Stephen MolinariKW CommercialMore Info
561-305-6161

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.