N/a, Miami, FL

$1,350,000

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3,575

Square feet

About N/a

5-unit multifamily investment in Miami's Allapattah neighborhood offering in-place income, immediate lease-up upside and longer-term redevelopment optionality. Four 2BR/1BA units plus a legal detached 2BR/2BA, five separate electric meters and one vacant unit. Historical T-12: $108,822 gross income and $91,295 NOI, representing a 6.76% cap at the $1.35M asking price. Approx. 6,534 SF site currently zoned T4-R. Adjacent 765 NW 35th St is T5-L, providing a relevant nearby zoning precedent for buyers evaluating future rezoning, mixed-use, workforce housing or Live Local strategies. Near Wynwood, Miami Health District, Downtown, SR-836, I-95 and MIA. Redevelopment potential subject to independent verification and City approvals.

Features of N/a

MLS® # A12077881
USD $1,350,000
CAD $1,893,996
CNY 元9,041,760
EUR €1,177,301
GBP £1,009,680
RUB ₽113,227,740
Square Footage 3,575
Year Built 1937
Type Residential
Sub-Type Quadruplex
Status Active
HOPA No Hopa

Community Information

Address N/a
Subdivision EDEN PARK
City Miami
State FL
Zip Code 33127

Amenities

Utilities Cable Available
Is Waterfront No
Has Pool No

Interior

Heating Window/Wall, Separate Meters
Cooling Wall/Window Unit(s)
# of Stories 2

Exterior

Roof Other
Construction Other

School Information

Elementary Santa Clara
Middle Georgia Jones-Ayers
High Miami Jackson

Listing Details

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