Property summary
This exceptional Class A, 12-unit apartment building, completed in 2024, presents a compelling investment opportunity in Miami's thriving Little Havana neighborhood. Situated on a 7,500 sq ft lot, this two-building, two-story complex boasts a mix of studio, one-bedroom, and two-bedroom units, designed to meet diverse rental demands. The unit breakdown includes two studios, five one-bedroom/one-bathroom units, and four two-bedroom/two-bathroom units. This property is zoned T4-L and operates under the City of Miami's double density workforce program, ensuring a stable income stream. Its prime location offers residents easy access to Calle Ocho, Brickell's vibrant amenities, and the cultural heart of Little Havana. The area's ongoing revitalization and increasing rental rates promise strong returns for investors. The property's modern design and desirable location cater to the growing urban population seeking convenient access to work and leisure activities. This is a rare opportunity to acquire a newly constructed, high-quality multifamily asset in a rapidly appreciating market. The asking price is $3,700,000. Virtual tours and videos are available online.
Property profile
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Current use
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Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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