Miami Gardens Multifamily Investment
18101 NW 7th Ave Miami Gardens, FL 33169
For Sale
$7,399,999
32-unit property with immediate cash flow and growth potential.
Lot Size1.00 Acre
Days on Market95
Property Features for 18101 NW 7th Ave
General Information
Standard status
Active
Lot size
1.00 Acre
Property subtype
Commercial
Building Details
Year Built
1968
Listing Agency:
Trustpoint Realty, LLC.
(754) 736-0335
Listed By:
Andres Villarreal · License #A12057563
(754) 736-0335
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 26 at 10:17AM
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 Trustpoint Realty, LLC.
Investment Insights
Based on property information with market context.
This multifamily property in Miami Gardens features 32 units, comprising 23 two-bedroom, one-bath units and 9 one-bedroom, one-bath units. Situated on over one acre, the property is currently 100% occupied and generating approximately $462,000 in net operating income. The property has over 50 on-site parking spaces and a roof installed in 2016. Located along NW 7th Avenue, the property offers visibility and access to major roadways, retail, and employment centers throughout Miami Gardens and surrounding areas. Many of the rents are below current market levels, presenting a value-add opportunity through rent increases and operational improvements. The property is suitable for investors seeking a stabilized multifamily property with long-term appreciation potential in a growing Miami-Dade submarket. The location has a walk score of 74, indicating it is very walkable, a transit score of 52, indicating good transit options, and a bike score of 48, indicating it is somewhat bikeable.
Key Highlights
- 100% Occupancy: Immediate cash flow from a fully occupied 32‑unit property.
- Strong Unit Mix: Consists of 23 two‑bedroom/one‑bath and 9 one‑bedroom/one‑bath units.
- Value‑Add Opportunity: Below‑market rents provide potential for increased income.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - 32-unit property with immediate cash flow and growth potential.
Where is this apartment building located?
The property is located at 18101 NW 7th Ave Miami Gardens, FL.
What is the asking price?
The asking price for this property is $7,399,999.
What are key features of this property?
This property features: 100% Occupancy: Immediate cash flow from a fully occupied 32‑unit property.; Strong Unit Mix: Consists of 23 two‑bedroom/one‑bath and 9 one‑bedroom/one‑bath units.; Value‑Add Opportunity: Below‑market rents provide potential for increased income.
