TURNKEY MULTIFAMILY IN LITTLE HAVANA – 6.58% CAP RATE! a premium income asset features 2 detached buildings with a uniform mix of six fully renovated 2BR/1BA units. Operating with a lean 31.83% expense ratio, the property yields a strong $115,144.50 NOI at a $1,750,000 purchase price. Over $200k in recent… Read More capital upgrades eliminates near-term CapEx: full interior renovations (2022), new permitted roofs (2024), new exterior stucco/paint (2024), roof-mounted mini-split HVACs (2024), plumbing updates, and independent full electrical upgrades including new main service entries and meter boxes (2025/2026). BUYER PEACE OF MIND: City of Miami 40 & 50-year structural recertifications are fully approved and finalized. Unmatched location stability blocks from Brickell, Downtown, and the Health District. Perfect for 1031 exchange or private portfolio growth. Move immediately into optimized, stable cash flow from day one Read Less
Courtesy of Sellstate 5 Star Realty, Joey Fumero-Manso, 239-491-2430.
Listing Snapshot
Days Online
97
Last Updated
Property Type
Single Family Residence
Beds
12
Full Baths
6
Square Ft.
4,608
Lot Size
0.13 Acres
Year Built
1925
MLS Number
A12004679
30 Days Snapshot Of 33130
$685k
-1%
(avg) sold price
16
-30%
homes sold
113
-25%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1925, Architectural style: Other, Living area: 4608, Construction materials: "Frame", "Stucco", Toal building area: 4608
Cooling
Central Air
Exterior Features
Balcony
Floors
Vinyl
Heating
Central
Lot
0.13 acres
Property
Zoning: 3901
Security Features
Fire Alarm
Sewer
Public Sewer
Taxes
Annual amount: $24,355
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