441 25Th Ave Miami, FL 33125
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Little Havana 4-unit apartment building
Property size:
3,400 SFProperty 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
Listing Agency: Urbaniza Realty Listing Agent: Ray Jourdain
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
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 Profile
Insight Report
Location Intelligence
Current Use by Public Records
Small apartment buildings
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.236960428847
- Latitude
- 25.777050855872
Nearby Similar for Sale
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.
