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Buildings/Miami/TWO MIDTOWN MIAMI CONDO

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TWO MIDTOWN MIAMI CONDO

3449 NE 1st Ave, Miami 33137

2007

Year Built

Units

For Sale

$675K

Avg Price

$478

Sale $/SF

For Rent

$4,800

Avg Rent

$3.40

Rent $/SF

+50.0%

YoY

For Sale

For Rent

Investor-Owned

79%

Avg HOA

—

Two Midtown Miami is a 14-unit residential building located in the vibrant Wynwood neighborhood, built in 2007. The building offers a range of unit sizes from 1 to 4 bedrooms, accommodating diverse living needs. With an average price per square foot of $266.37 and rental rates averaging $4,899 per month, it represents the established Wynwood market.

Building Details

Address

3449 NE 1st Ave, Miami, 33137

Neighborhood

Miami

Year Built

2007

Total Units

Avg Unit Sqft

2,207 SF

Tier

Premium

Avg $/SF

$478.38

Avg Rent

$4,800/mo

Rent $/SF

$3.40/SF

Neighborhood Rank

Top 24%

Avg Unit Value

$798K

Total Sales (All-Time)

Amenities

ElevatorLobbyParkingSecurity

Investment Analysis

Yield Metrics

Rental Yield (annualized)12.0%

YoY Appreciation+50.0%

Total Yield68.0%

Liquidity & Demand

Closed Sales (120d)0

Investor-Owned79%

For Sale1

For Rent1

Top 24%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$478

Sales & Listings

Active Listings

For Sale (1)

$675K

Unit L61

1 bd2 ba1,411 sf

For Rent (1)

$5K

1 bd1 ba1,411 sf

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Apr 8, 2022	$560K	$273.44	2/—	2,048
Mar 14, 2022	$750K	$366.21	2/—	2,048
Sep 30, 2021	$1.6M	$325.44	1/—	5,070
Jul 21, 2021	$455K	$322.47	1/—	1,411
Mar 16, 2021	$580K	$283.2	2/—	2,048
Oct 3, 2019	$820K	$400.39	2/—	2,048
May 11, 2017	$847K	$413.57	2/—	2,048
Jan 19, 2017	$1.4M	$281.07	4/3	5,070
Mar 9, 2015	$820K	$400.39	2/—	2,048
Jul 11, 2014	$674K	$329.1	2/—	2,048

Units & Ownership

Total Units

Avg Sqft

2,207 SF

Avg Assessed

$721K

Owner-Occupied

21%

Tax & Ownership

Investor-Owned

79%

Owner-Occupied

21%

Avg Assessed Value

$721K

Avg Taxable Value

$710K

Effective Year Built

2007

Zoning

6402

Unit Mix

1 BR7

Avg 1,934 SF

2 BR6

Avg 2,048 SF

4 BR1

Avg 5,070 SF

Unit Directory

Showing 10 of 14 units

Unit	Beds	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
107	2	2,048	$717K	—	$580K	$283	Mar 2021
108	2	2,048	$717K	✓	$560K	$273	Apr 2022
109	2	2,048	$717K	—	$725K	$354	Jun 2007
110	2	2,048	$646K	—	$847K	$414	May 2017
111	2	2,048	$717K	—	$705K	$344	May 2007
L-11	2	2,048	$717K	—	$750K	$366	Mar 2022
L-41	1	1,411	$410K	✓	$455K	$322	Jul 2021
L-42	1	1,411	$458K	—	$332K	$235	Oct 2013
L-43	1	1,411	$488K	—	$185K	$131	Mar 2010
L-44	1	5,070	$1.8M	—	$1.6M	$325	Sep 2021

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TWO MIDTOWN MIAMI CONDO

Building Details

Investment Analysis

Yield Metrics

Liquidity & Demand

Market Data

Sales & Listings

Units & Ownership

Photos

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