Five-Unit Apartment
For Sale
$1,350,000
Miami, FL 33127, Miami, FL 33127
Commercial Sale, Miami, FL
Property SizeContact for details
Lot Size0.15 Acres
Days on Market49
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
3900
Parking
10
Parking features
Assigned
Security features
Security
Subdivision
31
Standard status
Active
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
12053
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1937
Floors in Building
2
Number of units
5
Flooring type
Tile
Listing Agency:
Real Estate Sales Force
(305) 392-1497
Listed By:
Juliana Yepes LLC · License #3160991
(305) 896-8358
Added: Aug 26
Changed: Oct 10
Last Checked: Oct 13 at 12:06PM
MLS# A12077917
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This five-unit apartment property includes four two-bedroom, one-bath units and a detached legal two-bedroom, two-bath residence. The 1937 improvements sit on an approximately 0.15-acre site totaling about 6,534 SF, with tile flooring, wall or window-unit cooling, assigned parking, and five separate electric meters. One unit is currently vacant, while public water and public sewer serve the property.
The asset is located in Miami’s Allapattah neighborhood near Wynwood, the Miami Health District, Downtown, SR-836, I-95, and MIA. The property is currently zoned T4-R, while the adjacent lot carries T5-L zoning. Historical T-12 performance reflects a 6.76% cap rate. Any rezoning, mixed-use, workforce housing, Live Local, or redevelopment strategy requires independent verification and applicable City approvals.
The asset is located in Miami’s Allapattah neighborhood near Wynwood, the Miami Health District, Downtown, SR-836, I-95, and MIA. The property is currently zoned T4-R, while the adjacent lot carries T5-L zoning. Historical T-12 performance reflects a 6.76% cap rate. Any rezoning, mixed-use, workforce housing, Live Local, or redevelopment strategy requires independent verification and applicable City approvals.
Key Highlights
- Five‑unit multifamily property with four 2BR/1BA units and one legal detached 2BR/2BA unit
- Approximately 6,534 SF site on 0.15 acres
- Five separate electric meters and one vacant unit
Property Analytics
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Current Use
Lease Details
5
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,592
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with separate electric meters, one vacant unit, and public water and sewer service.
Where is this apartment building located?
The property is located at Miami, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Five‑unit multifamily property with four 2BR/1BA units and one legal detached 2BR/2BA unit; Approximately 6,534 SF site on 0.15 acres; Five separate electric meters and one vacant unit
