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    980 NW 45Th Ave Miami, FL 33126

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    For Sale
    $4,200,000

    Sixteen-unit apartment building near Miami International Airport.

    Lot size:
    0.47 Acres

    Property Features for 980 NW 45Th Ave

    General Information

    Lot size
    0.47 Acres

    Building Details

    Year built
    1971

    Source: Fausto Commercial Realty Consultants Inc Agent Miguel Fuentes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Flagami Sixteen-Unit Apartment Building

    This sixteen-unit apartment building presents an investment opportunity in Flagami, south of Miami International Airport and the 836 HWY. Constructed in the 1970s with CBS construction, the building is designed to withstand hurricane conditions. Situated on a 20,475 square foot lot zoned T5-R with parking, the property's zoning is irreplaceable. Each apartment features a one-bedroom, one-bath floor plan. The property is located within minutes of the Magic City Casino and is centrally located to other amenities. The Inter Miami CF stadium, a 58-acre public park, and an entertainment district at Miami Freedom Park are scheduled to open in late 2025.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.270008
    Latitude
    25.781643

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    FAQs

    What type of property is this?
    Apartment building - Sixteen-unit apartment building near Miami International Airport.
    Where is this apartment building located?
    The property is located at 980 NW 45Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: - Sixteen-unit apartment building on a 20,475 SF lot zoned T5-R with parking.; - Hurricane-proof CBS construction built in the 1970s.; - Exceptional investment opportunity south of Miami International Airport and 836 HWY.
    (305) 915-3492
    Request Owner's contact information
    980 NW 45Th Ave Miami, FL 33126
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    Miami, FL 33126
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    980 NW 45Th Ave Miami, FL 33126
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