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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1947
Sq.Footage
2,790
TURNKEY, FULLY RENOVATED & INCOME-PRODUCING 10-UNIT MULTIFAMILY INVESTMENT IN THE HEART OF LITTLE HAVANA! An exceptional opportunity to acquire an established rental property already generating income, with a cap rate exceeding 8% based on provided financials. Featuring nine 1-bedroom units and one 2-bedroom unit, this property offers an established rental operation in one of Miami's most centrally located neighborhoods. Extensive upgrades include PVC plumbing, renovated kitchens and bathrooms, individual A/C units less than two years old, and recent reroofing. The building also features 11 FPL meters, one for each unit plus a master meter. An established short-term rental business is included in the sale, offering investors a turnkey operating platform with potential for continued income generation. Ideally located near LoanDepot Park (Marlins Park), Brickell, Downtown Miami, major highways, dining, and entertainment. A rare opportunity to acquire a fully renovated, income-producing multifamily asset with significant improvements and an existing rental business. Cap rate and financials subject to buyer verification. Buyer to independently verify occupancy, zoning, permitted uses, and transferability of applicable short-term rental operating rights. DON'T MISS THIS OPPORTUNITY! On Zillow, scroll down to "facts & features", click on "show more", then click "View virtual tour" for your Virtual Interactive Lifestyle Concierge!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s), Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(square feet)
7,500
-
Property Type
Commercial Sale
-
Property Sub Type
Multi Family
Price
-
Sales Price
$2,950,000
-
Tax Amount
$27,983
-
Financing Options
Cash, Conventional
-
Zoning
3901
-
Sq. Footage
2,790
-
Price/SqFt
$1,057
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Ricky Kallabat PA, Keller Williams Capital Realty
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Managing Broker & Founder
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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