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$1,750,000
Est. payment /mo
2,399 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,399 sqft
Price per Sqft $729
MLS Listing ID A12073081
Maintenance Fees $750
HOA Y/N No
Year Built 1950
Annual Tax Amount $24,555
Tax Year 2025
Lot Size 7,500 Sqft
Property Sub-Type Multi Family
Property Description
7-unit apartment building located in the booming area of Little Havana within close proximity to Downtown Miami and Brickell. Fully renovated building with new kitchens, updated plumbing and electrical systems. The property is a true turnkey asset with no deferred maintenance and perfect for an out of state investor looking for passive income or an experienced operator looking to add to its portfolio. Key upgrades include impact windows, a new standing seam metal roof, modern interiors with terrazzo floors and walk-in showers, and brand-new kitchens outfitted with new cabinets and stainless steel appliances. Great turn key investment opportunity at an above 6% cap.
Situated in a growing South Florida residential area with over 86,000 people and average household incomes exceeding $107,000 within a 1-mile radius, the property benefits from easy access to 8th & 7th Streets, West Flagler, and I-95, offering strong proximity to downtown. Priced below replacement cost and designed for easy, low-touch management, it presents an attractive value-add opportunity.
Situated in a growing South Florida residential area with over 86,000 people and average household incomes exceeding $107,000 within a 1-mile radius, the property benefits from easy access to 8th & 7th Streets, West Flagler, and I-95, offering strong proximity to downtown. Priced below replacement cost and designed for easy, low-touch management, it presents an attractive value-add opportunity.
Location
State FL
County Miami-dade
Area 41
Zoning 3900
Interior
Cooling Central Air
Flooring Terrazzo
Exterior
Roof Type Metal
Private Pool Yes
Building
Story 1
Water Well
Level or Stories One
Others
HOA Name ResiVest Realty
Tax ID 01-02-04-040-1030
Security Features Fenced,Smoke Detector(s)
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12073081
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Listed by Resivest Realty LLC
NEARBY SCHOOL & BUSINESS
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