Renovated 9-Unit Multifamily
852 SW 13th Ave Miami, FL 33135
852 SW 13th Ave, Miami, FL, 33135
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For Sale
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Renovated 9-unit multifamily building with eight 2-bedroom units and one independent 1-bedroom apartment.
Property Size7,675 SF
Price / SF$428.01
Days on Market139
Property Features for 852 SW 13th Ave
General Information
- Standard status
- Active
- Size
- 7,675 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1925
Listing agency
London Foster Realty
(786) 223-6677
Listed by
Patrice Hallot · License #3231152
Source
Crexi
Added: Mar 6 Updated: Jul 22 at 6:37AM Checked: Jul 22 at 6:37AM
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 London Foster Realty
Investment Insights
Based on property information with market context.
This renovated 9-unit multifamily building offers eight spacious 2-bedroom units and one independent 1-bedroom apartment, recently updated with a blend of classic character and modern comfort.
The property is located at 852 SW 13th Ave in Miami, on a charming Little Havana street. Public remarks note the building is about 200 yards from Calle Ocho.
Additional materials referenced in the remarks include an inspection and termite tenting from approximately 10 years ago.
The property is located at 852 SW 13th Ave in Miami, on a charming Little Havana street. Public remarks note the building is about 200 yards from Calle Ocho.
Additional materials referenced in the remarks include an inspection and termite tenting from approximately 10 years ago.
Key Highlights
- Renovated 9‑unit multifamily building built in 1925
- Unit mix includes 8 spacious 2‑bedroom units and 1 independent 1‑bedroom apartment
- Property recently updated with a blend of classic charm and modern comfort
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $276.3k | $36.00 |
| − Vacancy | −$18.5k | −$2.41 |
| EGI | $257.8k | $33.59 |
| − OpEx | −$116.0k | −$15.11 |
| NOI | $141.8k | $18.47 |
7,675 SF · lease $36.00/SF/yr · vacancy 6.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.03M
$1.77M – $2.36M
NOI $141,783 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.18M
$4.53M – $6.04M
NOI $362,647 @ 7.0% cap · market cap 11.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Golden Moments & Event ...
Party Supply Store
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FAQs
What type of property is this?
Apartment building - Renovated 9-unit multifamily building with eight 2-bedroom units and one independent 1-bedroom apartment.
Where is this apartment building located?
The property is located at 852 SW 13th Ave Miami, FL.
What is the asking price?
The asking price for this property is $3,285,000.
What are key features of this property?
This property features: Renovated 9‑unit multifamily building built in 1925; Unit mix includes 8 spacious 2‑bedroom units and 1 independent 1‑bedroom apartment; Property recently updated with a blend of classic charm and modern comfort
