1901 9Th St Miami, FL 33135

Property Details for 1901 9Th St

Year built

1925

Property size

3,024 SF

Property type

Small apartment buildings

Description

This exceptional investment opportunity presents a unique multifamily property nestled in the heart of Little Havana, Miami, Florida. Situated on a 9,016 square foot lot at 1901 SW 9th St, 33135, this property comprises three buildings totaling 3,024 square feet and features four units. The main building, a charming two-story home built in 1925, boasts a spacious layout including a grand foyer, living areas, and a total of six bedrooms and four bathrooms. Two additional buildings on the property house three more units; two one-bedroom/one-bathroom units and one two-bedroom/one-bathroom unit. One unit has undergone recent renovations. Currently generating a potential rental income of $10,000-$11,000 annually, this property offers significant upside potential. The T4R zoning allows for the construction of a three-story building with up to seven units, presenting a compelling opportunity for future development and increased rental income. Its prime location offers easy access to Miami's major landmarks, Brickell, and Downtown, making it an attractive proposition for both residents and investors. The asking price for this remarkable property is $1,749,000.