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Multifamily Residential Income Property
For Sale
$1,575,000

8045 Northeast 1st Avenue, Miami, FL 33138

For sale multifamily residential income property in Miami, Florida.

Property SizeContact for details
Days on Market2768

Property Features for 8045 Northeast 1st Avenue

General Information

Standard status Active
Property subtype Commercial/Industrial / Income/Multi Family

Additional Details

Cap Rate 6.07%

Taxes and HOA fees

Annual Taxes $18,189

Building Details

Year Built 1969
Listing Agency: Cervera Real Estate Inc.
Listed By: Jose Cipriani · License #3275537
Source: Compass
Added: Feb 8, 2019 Changed: Sep 2 Last Checked: Sep 7 at 12:09PM

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 Cervera Real Estate Inc.

Investment Insights

Based on property information with market context.

This multifamily residential income property is offered for sale as a single asset. The offering is categorized as multifamily/other multifamily, supporting a residential income use.

The property is located at 8045 NE 1st Avenue, Miami, Florida 33138. Specific details regarding building size, unit mix, condition, or on-site amenities were not provided with the listing information.

Interested parties should confirm all operational and physical characteristics, including current layout, improvements, and any income details, directly with the listing broker or through available offering materials.

Key Highlights

  • Multifamily residential income property for sale in Miami, Florida
  • Listed with a 6.07% cap rate

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Electrical Service Locksmith Nursing Home Butcher Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,602
Businesses Nearby

Demographics for 33138, FL

27,601
Population
14,310
Households
1.9
Avg Household Size
43
Median Age
47%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
6,572
Density / Sq Mi
$71,518
Median Household Income
$52,853
Median Earnings
$1,647
Median Rent
$686,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - For sale multifamily residential income property in Miami, Florida.
Where is this multifamily property located?
The property is located at 8045 Northeast 1st Avenue Miami, FL.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Multifamily residential income property for sale in Miami, Florida; Listed with a 6.07% cap rate
More about this property
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