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$1,600,000
Est. payment /mo
3,840 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,840 sqft
Price per Sqft $416
MLS Listing ID A11830222
HOA Y/N No
Year Built 1925
Annual Tax Amount $21,617
Lot Size 7,500 Sqft
Property Sub-Type Multi Family
Property Description
Rare 8-unit multifamily in prime Little Havana, directly across from Marlins Stadium. Renovated 1 bed/1 bath units with porcelain tile, updated wall A/Cs, and new roof. Rear lot offers parking for 10+ cars. Units rented below market with strong upside. 7,500 SF lot zoned T5-L allows for 11 units by right or up to 25 with Live Local incentives. In-place 6% cap rate with potential to reach 8% at asking. Ideal for investors seeking immediate cash flow with long-term redevelopment upside. Seller financing available up to 60% with reasonable terms.
Location
State FL
County Miami-dade
Area 41
Interior
Flooring Tile
Exterior
Total Parking Spaces 10
Private Pool Yes
Building
Story 2
Level or Stories Two
Others
Tax ID 01-41-02-005-7070
Ownership Self Proprietor/Individual
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11830222
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Listed by Campos Commercial Real Estate LLC