Newly constructed 10 unit multifamily asset in the rapidly growing East Little Havana submarket of Miami.
| Website: | https://www.nestseekers.com/5416155 |
|---|---|
| Address: | Miami, FL 33128 |
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:$3,775,000
Description
Newly constructed 10-unit multifamily asset in the rapidly growing East Little Havana submarket of Miami.
The building features a well-balanced unit mix of FOUR studio apartments and SIX two-bedroom residences, designed to appeal to a wide range of tenants, including young professionals, medical employees, and small families. Each unit includes modern kitchens, stainless steel appliances, porcelain tile flooring, central air conditioning, and an in-unit washer and dryer, providing a contemporary living experience that supports strong tenant demand.
Based on current market rents, the property has the potential to generate approximately $22,000 in gross monthly income, or $264,000 annually, representing an estimated capitalization rate of approximately 6 percent.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12002015
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1 305-203-4555 Fax: +1 305-675-0745 | |
| Listing Courtesy of LUXE Capital Advisors | |