1102 NW 103rd St, Miami FL 33150

Price significantly reduced. This is a rare opportunity to acquire a renovated residential income property with immediate equity and strong cash flow potential in Miami’s fast-growing Pinewood neighborhood.

Located at 1102 NW 103rd St, Miami FL 33150, this detached property in Miami-Dade County was built in 1945 and offers approximately 2,195 square feet of living area on a desirable corner lot. The property is identified as a Residential Income, Duplex, within the 2ND subdivision and building designation. The listing remarks describe a fully renovated triplex configuration, so buyers are encouraged to verify the exact unit layout and permitted use during due diligence.

Each unit features modern finishes, stainless steel appliances, and stylish bathrooms. The property generates total monthly income of $6,975 and offers close to a 10 percent cap rate. An appraisal completed on May 20, 2025 valued the property at $865,000, creating the potential for instant equity. All violations have been cleared by the seller, making this an attractive turnkey investment for both experienced investors and those entering the Miami rental market.

The home includes central air conditioning, electric cooling, and ceiling fans, along with central electric heating. Its location within a federally designated Opportunity Zone may provide appealing tax incentives and long-term appreciation potential. Major highways, shopping, downtown Miami, and everyday conveniences are all just minutes away.

Miami offers an exceptional lifestyle with warm weather throughout much of the year, beautiful beaches, vibrant nightlife, world-class dining, cultural attractions, and a strong international business community. Excellent transportation connections make it easy to reach Miami International Airport, Brickell, South Beach, and surrounding areas.

The listing information references an open house on Wednesday, July 15, from 5:00 PM to 6:00 PM, with highest and best offers requested by July 20. Contact us today for additional details, the appraisal, and investment information at +1 786.468.4380 (Tel/WhatsApp).