Prime 6 unit multifamily investment opportunity in a high demand Miami location, just minutes from Coral Gables, Coconut Grove, and Downtown.
Miami, FL 33145
Listing
| Web ID: | 5772006 |
|---|---|
| Website: | https://www.nestseekers.com/5772006 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:$1,580,000
Annual Taxes:$17,544
Description
Prime 6-unit multifamily investment opportunity in a high-demand Miami location, just minutes from Coral Gables, Coconut Grove, and Downtown. Property features a mix of 2-bedroom/1-bath and 1-bedroom/1-bath units on a 7,325 SF lot. Fully occupied with long-term tenants, providing stable in-place income. Current rents are below market, offering significant value-add potential and strong upside through rent repositioning. Recent capital improvements include updated electrical panels, completed 40-year recertification, and hurricane shutters. Ample on-site parking with additional street parking. Centrally located with immediate access to major roadways, employment centers, and Miami International Airport. Pro forma cap rate available upon request.
Amenities
- Cable Not Available
Location
Contact
Listing Courtesy of 1st Florida Homes