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$6,500,000
Est. payment /mo
22,336 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 22,336 sqft
Price per Sqft $291
MLS Listing ID A12044486
HOA Y/N No
Year Built 2009
Lot Size 0.344 Acres
Property Sub-Type Multi Family
Property Description
Situated on SW 2nd Street in the heart of East Little Havana, this 2009- construction apartment building consists of 21 residential units totaling 22,336 SF on a 15,000 SF lot, offering turn-key in-place income and significant long-term investment potential in one of Miami's most strategically positioned urban submarkets.
East Little Havana continues to experience substantial growth due to its central location and connectivity to Miami's major employment and lifestyle centers, including Downtown Miami, Brickell, the Health District, and Miami International Airport. The property benefits from direct access via HWY 836, a location just one block from loanDepot Park, and proximity to Calle Ocho, one of Miami's most recognized cultural corridors.
Constructed in 2009, the asset is a genuinely turn-key offering that spares an investor the major capital projects typical of older Little Havana stock. Each of the 21 one-bedroom units features 1.5 baths, loft-style layouts, central A/C, and an in-unit washer/dryer, with gated on-site ground-floor parking and the option to sub-meter individual water meters. With strong in-place rents and a clear mark-to-market runway, this building represents a durable income-producing asset with meaningful rent upside.
East Little Havana continues to experience substantial growth due to its central location and connectivity to Miami's major employment and lifestyle centers, including Downtown Miami, Brickell, the Health District, and Miami International Airport. The property benefits from direct access via HWY 836, a location just one block from loanDepot Park, and proximity to Calle Ocho, one of Miami's most recognized cultural corridors.
Constructed in 2009, the asset is a genuinely turn-key offering that spares an investor the major capital projects typical of older Little Havana stock. Each of the 21 one-bedroom units features 1.5 baths, loft-style layouts, central A/C, and an in-unit washer/dryer, with gated on-site ground-floor parking and the option to sub-meter individual water meters. With strong in-place rents and a clear mark-to-market runway, this building represents a durable income-producing asset with meaningful rent upside.
Location
State FL
County Miami-dade
Area 41
Exterior
Private Pool Yes
Others
Tax ID 01-41-02-006-1570
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12044486
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Listed by Fausto Commercial Realty Consultants Inc
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