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227 NW 17Th Ave Miami, FL 33125

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For Sale
$650,000

Multifamily property with income potential in a prime Miami location.

Property Features for 227 NW 17Th Ave

General Information

Property type
Investment
Standard status
Active

Building Details

Year built
1933

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Listing Contact
Lourdes Ramia
Source: Elliman

Listing Agent: Lourdes Ramia

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

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Overview

Multifamily Property in Miami

This multifamily property, built in 1933, is situated in the heart of Miami on a 3,450 square foot lot. The building offers 2,037 square feet of living space, featuring 7 bedrooms and 3 and a half bathrooms. Zoned T5-L, the property allows for multiple uses and offers flexibility for residential or rental income. All units have impact windows and separate electric meters. The property needs renovation and is currently pending recertification in accordance with the City of Miami’s Building Department requirements. Once brought up to code, it can become an excellent source of passive income. The location is just minutes from Little Havana, Downtown Miami, Brickell, and major thoroughfares, making it suitable for developers, investors, or visionaries looking to capitalize in a fast-growing area.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Location Insight

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City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.22268
Latitude
25.775764

FAQs

What type of property is this?
Apartment building - Multifamily property with income potential in a prime Miami location.
Where is this apartment building located?
The property is located at 227 NW 17Th Ave Miami, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: - Multifamily property featuring 7 bedrooms and 3.5 bathrooms, offering significant rental income potential.; - Prime Miami location, minutes from Little Havana, Downtown Miami, and Brickell.; - Zoned T5-L, allowing for multiple uses and flexibility for residential or rental income.
More about this property
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