Miami, FL 33135

Property

Ownership: For Sale
Type: Multi-Family
Lot Size: 0.6 Acres

Financials

Price:$5,300,000
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Douglas Elliman

Welcome to Flagler Villas, a rare multifamily investment opportunity situated on over 1 2 acre of land in the heart of Miami, just off West Flagler Street and SW 30th ...

    Description

    Welcome to Flagler Villas, a rare multifamily investment opportunity situated on over 1⁄2 acre of land in the heart of Miami, just off West Flagler Street and SW 30th Avenue.This well-maintained property features 18 first-floor units, each offering 1 bedroom and 1 bathroom with spacious layouts that include a living room, dining area, galley-style kitchen, large bedroom, and a private backyard space. Every unit is assigned its own dedicated parking space, and the property enjoys consistently high occupancy with little to no vacancy, making it an exceptional income-producing asset.The seller is highly motivated and is willing to offer seller financing with a low down payment and attractive terms for qualified buyers, creating an outstanding opportunity for both investors and developers.For those seeking additional redevelopment potential, the adjacent fourplex located at 3080 SW 1st Street is also available for purchase. Combined, both properties offer over 32,000 square feet of land, presenting a rare opportunity for future redevelopment in one of Miami's rapidly growing neighborhoods.Please do not disturb the tenants. Showings are by appointment only. Contact the listing agent for additional information and financing details.

    Amenities

    • Security Fence
    • Security Lights
    • Sewer Available

    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.