1190 67Th St Miami, FL 33150

Property Details for 1190 67Th St

Year built

1957

Property size

5,858 SF

Property type

Commercial real estate

Description

This exceptional multifamily investment property, located at 1190 NW 67th St, Miami, FL 33150, presents a compelling opportunity in the vibrant Woodmere neighborhood. The property boasts a total of 12 units, comprising 10 one-bedroom, one-bathroom apartments and 2 studio units, all currently at 100% occupancy. Built in 1957 and situated on an 8,950 square foot lot, this two-story building offers 5,858 square feet of net rentable space. The asking price is $2,258,000, translating to $385.46 per square foot and $188,166.67 per unit. Ten parking spaces are available for residents. The property is conveniently located west of I-95 and a short distance from the Miami Design District, providing easy access to major transportation routes. The building has undergone recent renovations, offering modern upgrades to each apartment. The property is zoned 3900 and presents a strong investment opportunity due to its high occupancy rate and desirable location within a thriving urban area. All units are designed to meet fair housing standards. This is a turnkey investment ready for immediate income generation. The property's strong location and modern updates make it an attractive option for both residents and investors. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a prime Miami location.