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24-Unit Multifamily Asset
For Sale
$4,395,000

1801 NW 54th Street, Miami, FL 33142

Twenty-four unit multifamily property with a garden-style courtyard and on-site parking for approximately 11 vehicles.

Property SizeContact for details
Days on Market65

Property Features for 1801 NW 54th Street

General Information

Standard status Active
Total Parking Spaces 11
Property subtype Land
Zoning 6101

Additional Details

Business Included Yes
Multifamily Units 24
Listing Agency: The Alpha Commercial Advisors LLC
Listed By: Steffanie Jacobson · License #3344319
Source: Laerrealty
Added: Jul 3 Changed: Sep 2 Last Checked: Sep 4 at 2:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Alpha Commercial Advisors LLC

Investment Insights

Based on property information with market context.

This 24-unit multifamily property offers a mix of six 2-bedroom, 1-bath units and eighteen 1-bedroom, 1-bath units. Building recertification is described as up to date, and certain units have received interior upgrades including flooring, appliances, kitchens, and bathrooms. The property is also presented with a garden-style courtyard layout.

The asset is located on a visible corner along the NW 54th Street corridor in Miami, providing immediate access to mass transit and connection to the broader Miami urban core. Nearby submarket references include Allapattah, West Little River, Buena Vista, Little Haiti, and Midtown.

On-site parking is available for approximately 11 vehicles, supporting resident access and day-to-day convenience within the courtyard-style setting.

Key Highlights

  • 24‑unit multifamily property with a balanced mix of (6) 2 bed/1 bath and (18) 1 bed/1 bath units
  • Stable in‑place income with consistently high occupancy for the unit mix, including market‑rate and Section 8 tenancies
  • Up‑to‑date building recertification provides certainty for the property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Law Firm Hair Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,005
Businesses Nearby

Demographics for 33142, FL

55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Twenty-four unit multifamily property with a garden-style courtyard and on-site parking for approximately 11 vehicles.
Where is this apartment building located?
The property is located at 1801 NW 54th Street Miami, FL.
What is the asking price?
The asking price for this property is $4,395,000.
What are key features of this property?
This property features: 24‑unit multifamily property with a balanced mix of (6) 2 bed/1 bath and (18) 1 bed/1 bath units; Stable in‑place income with consistently high occupancy for the unit mix, including market‑rate and Section 8 tenancies; Up‑to‑date building recertification provides certainty for the property
More about this property
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