Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:$1,285,000
Annual Taxes:$10,731
Listing Courtesy of La Rosa Realty LLC
Prime investment opportunity in East Little Havana this well maintained 5 unit multifamily property offers exceptional walkability to Downtown Miami, Jose Marti Park, Brickell, the Miami River District, and the ...
Description
Prime investment opportunity in East Little Havana — this well-maintained 5-unit multifamily property offers exceptional walkability to Downtown Miami, Jose Marti Park, Brickell, the Miami River District, and the vibrant heart of Calle Ocho. The two-story building features on-site parking (five private spaces with room for expansion), a permitted shingle roof under 10 years old, newer permitted railings, upgraded corridor flooring, newer A/C units (2019–2023), copper and PVC plumbing, updated electrical with separate meters, and several remodeled units. Units are rented month-to-month, providing immediate income with flexibility for repositioning. The property has been owned by the same family since construction, offering a rare opportunity to acquire a stable, long-held asset in a high-growth area. The four 1/1 units are Tenant occupied and the one 2/1 unit is being used by the Owner. With strong management and 100% occupancy, the property could generate a much higher net operating income.
Amenities
- Cable Not Available
- Lighting
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.