Nest Seekers

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 ...

Miami, FL 33130

Listing

Web ID:5593476
Website:https://www.nestseekers.com/5593476

Property

Ownership: For Sale
Type: Unknown

Financials

Price:$1,285,000
Annual Taxes:$10,731

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

Location

Miami FL 33130 USA

Contact

Palm Beach, FL
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Phone: +1 561-725-9229
deborahg@nestseekers.com
Listing Courtesy of La Rosa Realty LLC
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