Property
| Ownership: | Self Proprietor-Individual |
|---|---|
| Type: | Unknown |
| Pets: | Pets No |
FinancialsPrice:$1,600,000Annual Taxes:$21,617
DescriptionRare 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.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11830222NeighborhoodMore listings:
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.
Rare 8 unit multifamily in prime Little Havana, directly across from Marlins Stadium.
DescriptionRare 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.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11830222NeighborhoodMore listings:
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.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
