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$ 1,600,000
Est. payment | /mo
3,840 SqFt
$ 1,600,000
Est. payment | /mo
3,840 SqFt
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. All information deemed reliable but not guaranteed. Buyers agent is responsible for verifying all details, including zoning, square footage, and potential development opportunities. Listing broker and seller make no representations or warranties.
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
Listed by Campos Commercial Real Estate LLC
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