Four-Building Apartment
For Sale
Contact for pricing
Pending
235/245 SW 6th Ave, Miami, FL 33130
Multifamily portfolio comprising workforce and affordable rental units across four separate buildings in Little Havana.
Property SizeContact for details
Days on Market148
Property Features for 235/245 SW 6th Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Asking Price
$4,250,000
Multifamily Units
31
Building Details
Buildings
4
Listing Agency:
Patton Commercial Real Estate
Listed By:
David Weiss · License #BK583402
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Sep 5 at 6:08PM
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 Patton Commercial Real Estate
Investment Insights
Based on property information with market context.
This apartment portfolio includes 31 multifamily units distributed among four buildings at 235/245 SW 6th Ave in Miami. The properties are positioned as workforce and affordable housing within the Little Havana market, providing an established rental configuration across multiple structures.
The portfolio reflects 2021 stabilized pro forma performance at a 6.5% cap rate, while current pro forma operations reflect a 4.38% yield. Existing rents are described as below market, and the operating plan includes capital improvements intended to upgrade the units, support higher rents, and reduce operating expenses.
The portfolio reflects 2021 stabilized pro forma performance at a 6.5% cap rate, while current pro forma operations reflect a 4.38% yield. Existing rents are described as below market, and the operating plan includes capital improvements intended to upgrade the units, support higher rents, and reduce operating expenses.
Key Highlights
- 31 multifamily units across four buildings
- Workforce and affordable housing portfolio
- Located at 235/245 SW 6th Ave, Miami, FL 33130
Property Analytics
Current Use
Lease Details
31
Residential units
Location Intelligence
Trade Area within ½ mile
9,064
Businesses Nearby
Explore this area
Business Placement
Demographics for 33130, FL
35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
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 - Multifamily portfolio comprising workforce and affordable rental units across four separate buildings in Little Havana.
Where is this apartment building located?
The property is located at 235/245 SW 6th Ave Miami, FL.
What are key features of this property?
This property features: 31 multifamily units across four buildings; Workforce and affordable housing portfolio; Located at 235/245 SW 6th Ave, Miami, FL 33130
