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Recently Renovated Studio Apartment Building
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432 NE 26th St, Miami, FL 33137

A renovated building with 24 furnished studio apartments currently operated as short-term rentals.

Property Size10,940 SF
Lot Size0.11 Acres
Days on Market122

Property Features for 432 NE 26th St

General Information

Standard status Active
Size 10,940 SF
Lot size 0.11 Acres
Property subtype Multifamily

Additional Details

Furnished Yes
Multifamily Units 24

Building Details

Tenancy Multi
Listing Agency: Cushman & Wakefield - Miami, Florida
Listed By: Virgilio Fernandez · License #SL3397219
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 11:50AM

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 Cushman & Wakefield - Miami, Florida

Investment Insights

Based on property information with market context.

Fortuna House is a recently renovated boutique apartment building featuring 24 modern studio apartments. The studios are furnished and the property is currently operated as short-term rentals. The building offers approximately 10,940 SF of rentable space on a 0.11-acre lot, and is presented as a turn-key investment.

The property is located next door to Missoni Baia, which is under construction, and near the recently completed 26 Edgewater Condo project.

Prospective buyers should note the building’s current short-term rental operation and the option to continue utilizing the property as multifamily, based on the property information provided.

Key Highlights

  • 24 furnished studio apartments in a recently renovated boutique apartment building
  • Approximately 10,940 SF of rentable space on a 0.11‑acre lot
  • Currently operated as short‑term rentals with very strong income

Property Analytics

Current Use

Recovery HVAC Miami HVAC Service Fortuna House Apartments Vacation Rental

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Mobile Phone Store Buffet Butcher Clothing & Fashion Store

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,127
Businesses Nearby

Demographics for 33137, FL

25,763
Population
15,237
Households
1.7
Avg Household Size
37
Median Age
51%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
12,882
Density / Sq Mi
$82,798
Median Household Income
$53,519
Median Earnings
$2,338
Median Rent
$532,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Short term rental property - A renovated building with 24 furnished studio apartments currently operated as short-term rentals.
Where is this short term rental property located?
The property is located at 432 NE 26th St Miami, FL.
What are key features of this property?
This property features: 24 furnished studio apartments in a recently renovated boutique apartment building; Approximately 10,940 SF of rentable space on a 0.11‑acre lot; Currently operated as short‑term rentals with very strong income
(305) 613-4507 Call to check price and availability
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