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    441 25Th Ave Miami, FL 33125

    For Sale
    $1,250,000

    Little Havana 4-unit apartment building

    Property size:
    3,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents a four-unit apartment building in Miami's vibrant Little Havana neighborhood. The property, known as PORTLAND PLACE, boasts 3,400 square feet of rentable space, distributed across four two-bedroom, one-bathroom units. Built in 1925 and renovated in 2020, the building features impact windows and provides eight parking spaces (two per unit). Currently operating at 100% occupancy, the property generates a substantial net operating income (NOI) of $8,600 per month, with month-to-month leases and additional income from washer/dryer rentals averaging $300 monthly. The asking price is $1,250,000, translating to $312,500 per unit and $367.65 per square foot. Situated on a 7,000 square foot lot, the property is zoned for multifamily use, presenting potential for future expansion, such as adding an accessory dwelling unit (ADU), per current zoning laws. This is a turnkey investment ready for immediate income generation. The property is easily shown.

    Property Features for 441 25Th Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    3,400 SF
    Class
    C

    Building Details

    Year Built/Renovated
    1925/4
    Buildings
    1
    Stories
    2
    Units
    4

    HighLights

    • Four‑unit apartment building in Miami's Little Havana.
    • 3,400 square feet of rentable space.
    • Four two‑bedroom, one‑bathroom units.
    • Eight parking spaces (two per unit).
    • 100% occupancy with $8,600 monthly NOI, plus $300/month in additional income.
    • $1,250,000 asking price; $312,500 per unit; $367.65 per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.236960428847
    Latitude
    25.777050855872

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    FAQs

    What type of property is this?
    Multifamily property - Little Havana 4-unit apartment building
    Where is this multifamily property located?
    The property is located at 441 25Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Four-unit apartment building in Miami's Little Havana.; 3,400 square feet of rentable space.; Four two-bedroom, one-bathroom units.
    Request Owner's contact information
    441 25Th Ave Miami, FL 33125
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    441 25Th Ave Miami, FL 33125
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