Two Multifamily Properties
For Sale
Contact for pricing
653 NW 30th St & 668 NW 31st St, Miami, FL 33127
For sale portfolio of two multifamily properties, fully leased with below-market rents.
Property SizeContact for details
Days on Market126
Property Features for 653 NW 30th St & 668 NW 31st St
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Building Details
Tenancy
Multi
Listing Agency:
Gridline Properties
(305) 507-7098
Listed By:
Mateo Romero · License #FL SL3371935
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 4:45PM
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 Gridline Properties
Investment Insights
Based on property information with market context.
The offering includes two multifamily properties on Allapattah’s 7th Ave corridor. The buildings are described as fully leased with below-market rents, and the opportunity provides an investor the ability to increase revenue by raising rents up to 25% to effective market levels.
The properties are positioned for access to Miami’s Wynwood, Midtown, Edgewater, Brickell, and Miami Beach, as well as major transportation arteries including I-95, SR-112/I-195, and NW 36 Street. The remarks also note convenience to hospitals and health-related employment hubs.
As presented, this is a two-property multifamily portfolio for buyers seeking stable, income-producing assets with the prospect of rent growth through market alignment.
The properties are positioned for access to Miami’s Wynwood, Midtown, Edgewater, Brickell, and Miami Beach, as well as major transportation arteries including I-95, SR-112/I-195, and NW 36 Street. The remarks also note convenience to hospitals and health-related employment hubs.
As presented, this is a two-property multifamily portfolio for buyers seeking stable, income-producing assets with the prospect of rent growth through market alignment.
Key Highlights
- Portfolio includes 2 multifamily properties, fully leased with below‑market rents
- Opportunity described as having potential to increase revenue by raising rents up to 25% to effective market levels
- Located on Allapattah’s 7th Ave Corridor with quick access to Wynwood, Midtown, Edgewater, Brickell, and Miami Beach
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,493
Businesses Nearby
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - For sale portfolio of two multifamily properties, fully leased with below-market rents.
Where is this multifamily property located?
The property is located at 653 NW 30th St & 668 NW 31st St Miami, FL.
What are key features of this property?
This property features: Portfolio includes 2 multifamily properties, fully leased with below‑market rents; Opportunity described as having potential to increase revenue by raising rents up to 25% to effective market levels; Located on Allapattah’s 7th Ave Corridor with quick access to Wynwood, Midtown, Edgewater, Brickell, and Miami Beach
