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Property profile & analytics
FOR LEASE
Commercial real estate

110 NW 9Th Ave 3 Miami, FL 33128

Built 1940
Property ID
US18-9980397
Property summary
AI-generated overview

This exceptional multifamily investment opportunity in Miami's desirable West Brickell neighborhood presents a 1940-built, single-story building comprising eleven remodeled studio units. Each unit boasts impact doors and windows, ensuring both security and energy efficiency. Resident access is controlled by a newly installed fence with pin access. The property includes a convenient full laundry room equipped with two coin-operated washers and dryers. The building's prime location offers residents easy access to Downtown Miami and Calle Ocho, contributing to consistently high occupancy rates. Currently generating a gross annual income of $216,000, this property represents a strong cash-flow investment. Situated at 110 NW 9th Ave, Miami, FL 33128, in Miami-Dade County, this property is priced at $2,200,000. The low vacancy rate in this area further underscores the investment potential. This is a rare chance to acquire a well-maintained, income-producing asset in a thriving Miami location. The property's strong performance and desirable location make it an attractive proposition for discerning investors seeking a stable and profitable addition to their portfolio. The building's features, combined with its strategic location, promise continued success and strong returns.

Property profile
Verified
Property type Commercial real estate
Year built 1940
UPID US18-9980397
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Russell Nero Care Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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