Exceptional value add multifamily investment opportunity in the heart of Miami's rapidly evolving Allapattah submarket.


Property

Website:https://www.nestseekers.com/5625878
Address:
Miami, FL 33142
Ownership: For Sale
Type: Multi-Family
Lot Size: 1 Acres

Financials

Price:$7,000,000

Description

Exceptional value-add multifamily investment opportunity in the heart of Miami's rapidly evolving Allapattah submarket. This 1-acre property currently consists of 24 apartment units, offering immediate income potential while providing significant long-term redevelopment upside.The property presents a rare opportunity to acquire a large infill site in one of Miami's most active growth corridors. Existing rental income can help offset carrying costs while a new owner evaluates redevelopment, repositioning, renovation, zoning enhancements, density increases, Live Local Act opportunities, or other value-creation strategies. Located within close proximity to major employment, transportation corridors, the Health District, Downtown Miami, Wynwood, and Miami International Airport, the site is well-positioned to benefit from continued neighborhood growth and investment. Property is being offered for sale as-is. Buyers are encouraged to conduct their own due diligence regarding zoning, land use, density, redevelopment potential, and all municipal approvals. Do not disturb tenants. Showings by appointment only.

Contact

Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Midtown Realty International

Miami FL 33142 USA