8295 NE Miami Ct Miami, FL 33138
Multifamily property with redevelopment potential in a rising Miami corridor.
Lot size:
0.18 AcresProperty Features for 8295 NE Miami Ct
General Information
- Lot size
- 0.18 Acres
Building Details
- Year built
- 1972
Source:
Elliman
Listing Agent: Mauricio Villasuso
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Multifamily Investment in Opportunity Zone
This multifamily investment property, located in an Opportunity Zone, was built in 1972. The property has a total area of 4,540 square feet and is situated on an 8,000 square foot lot. It features T5-O zoning. The building comprises a mix of residential units, including one 2-bedroom/1-bath unit and five 1-bedroom/1-bath units. The property includes new AC units, glass sliding doors, and four balconies. There are nine parking spaces available. The property benefits from strong rents and high Section 8 income. A concrete roof contributes to low expenses by minimizing wind insurance costs. The 40-year recertification was completed in 2023. The property offers potential for market rent increases and redevelopment, providing both cash flow and long-term growth in a rapidly developing Miami corridor.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.196233
- Latitude
- 25.851382
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FAQs
What type of property is this?
Apartment building - Multifamily property with redevelopment potential in a rising Miami corridor.
Where is this apartment building located?
The property is located at 8295 NE Miami Ct Miami, FL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: - Opportunity Zone location with tax incentives; - Strong rents and high Section 8 income; - T5-O zoning with redevelopment potential