Multifamily Apartment
641 Palmetto Dr Miami Springs, FL 33166
641 Palmetto Dr, Miami Springs, FL, 33166
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For Sale
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New multifamily project with 36 ground-floor parking spaces; estimated nearly 6% cap rate and ~$500,000 yearly gross revenue.
Days on Market102
Property Features for 641 Palmetto Dr
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agency
Real Estate Sales Force Coral Gables
(786) 420-1905
Listed by
Harry Andrade · License #FL
Source
Crexi
Added: Apr 12 Updated: Jul 22 at 9:13AM Checked: Jul 22 at 9:13AM
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 Real Estate Sales Force Coral Gables
Investment Insights
Based on property information with market context.
This multifamily project includes 36 parking spaces on the ground floor. Completion is expected at the end of March, with the buildout currently listed as nearing finish.
The property is located at 641 Palmetto Dr in Miami Springs, FL 33166. Financial highlights provided with the listing include an estimated cap rate of nearly 6% and expected yearly gross revenue of roughly $500,000. The asking price is $6.7MM.
The property is located at 641 Palmetto Dr in Miami Springs, FL 33166. Financial highlights provided with the listing include an estimated cap rate of nearly 6% and expected yearly gross revenue of roughly $500,000. The asking price is $6.7MM.
Key Highlights
- New multifamily project with 36 ground‑floor parking spaces
- Estimated cap rate is nearly 6%
- Expected yearly gross revenue is roughly $500,000
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
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FAQs
What type of property is this?
Multifamily property - New multifamily project with 36 ground-floor parking spaces; estimated nearly 6% cap rate and ~$500,000 yearly gross revenue.
Where is this multifamily property located?
The property is located at 641 Palmetto Dr Miami Springs, FL.
What are key features of this property?
This property features: New multifamily project with 36 ground‑floor parking spaces; Estimated cap rate is nearly 6%; Expected yearly gross revenue is roughly $500,000
