Renovated Apartment
For Sale
Contact for pricing
Pending
1431 NW 71 Street, Miami, FL 33147
Fully renovated family housing community with income-restricted units and current full occupancy.
Property Size109,092 SF
Days on Market146
Property Features for 1431 NW 71 Street
General Information
Standard status
Pending
Size
109,092 SF
Net Rentable
107,436 SF
Property subtype
Special Purpose
Occupancy
100%
Units
Unit Mix
36 x 3BR, 96 x 2BR
Multifamily Units
132
Building Details
Buildings
12
Stories
2
Listing Agency:
The N.D.I. Group, Inc.
Listed By:
Patricia Dillard · License #3329166
(786) 367-0508
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Sep 4 at 1:33PM
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 N.D.I. Group, Inc.
Investment Insights
Based on property information with market context.
This multifamily property comprises 12 two-story buildings with 132 apartments, including 36 three-bedroom homes and 96 two-bedroom homes. The improvements have been fully renovated, with 109,092 square feet of gross building area and 107,436 square feet of rentable area. All apartments are designated for family affordable housing and are subject to income restrictions established through restrictive covenants connected to HFA bonds.
Occupancy is reported at 100%. The first mortgage is HUD-insured and assumable, subject to written HUD approval. The property’s affordability structure limits resident rent obligations to 30% of annual tenant income, excluding utilities.
Occupancy is reported at 100%. The first mortgage is HUD-insured and assumable, subject to written HUD approval. The property’s affordability structure limits resident rent obligations to 30% of annual tenant income, excluding utilities.
Key Highlights
- 12 two‑story buildings with 132 apartments
- Unit mix includes 36 three‑bedroom and 96 two‑bedroom apartments
- 109,092 square feet of gross building area; 107,436 square feet rentable
Property Analytics
Property Profile
Current Use
Lease Details
132
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
838
Businesses Nearby
Explore this area
Business Placement
Demographics for 33147, FL
48,823
Population
16,220
Households
3
Avg Household Size
39
Median Age
15%
College-Educated
77%
High-School Grad
7.2 sq mi
ZIP Area
6,781
Density / Sq Mi
$47,728
Median Household Income
$33,385
Median Earnings
$1,359
Median Rent
$301,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully renovated family housing community with income-restricted units and current full occupancy.
Where is this apartment building located?
The property is located at 1431 NW 71 Street Miami, FL.
What are key features of this property?
This property features: 12 two‑story buildings with 132 apartments; Unit mix includes 36 three‑bedroom and 96 two‑bedroom apartments; 109,092 square feet of gross building area; 107,436 square feet rentable
