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$6,250,000
Est. payment /mo
17,890 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 17,890 sqft
Price per Sqft $349
MLS Listing ID A11860213
Style Detached
HOA Y/N No
Year Built 1925
Annual Tax Amount $85,214
Lot Size 8,835 Sqft
Property Sub-Type Multi Family
Property Description
100% occupied 37-unit mixed-use property @ $168K per door! consisting of a 30-unit apartment building plus 7 ground-floor retail units. With a 40/50-year recertification in place, this is a rare turnkey opportunity offering immediate cash flow and long-term upside.
Positioned at the signalized corner of W Flagler Street and 12th Avenue, one of Miami's premier commercial intersections, the property benefits from unmatched visibility and accessibility. The favorable unit mix of 27 studios, 3 one-bedrooms, and 7 retail spaces ensures diversified, stable income.
Located just minutes from Brickell, South Florida's top financial district, and blocks from Calle Ocho, the cultural hub of Miami's Latin community.
Positioned at the signalized corner of W Flagler Street and 12th Avenue, one of Miami's premier commercial intersections, the property benefits from unmatched visibility and accessibility. The favorable unit mix of 27 studios, 3 one-bedrooms, and 7 retail spaces ensures diversified, stable income.
Located just minutes from Brickell, South Florida's top financial district, and blocks from Calle Ocho, the cultural hub of Miami's Latin community.
Location
State FL
County Miami-dade
Area 41
Exterior
Private Pool Yes
Building
Architectural Style Detached
Others
Tax ID 01-41-02-006-0700
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11860213
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Listed by Compass Florida, LLC