5 Unit Multifamily Home in Little Havana Little Havana, Miami, FL

$850,000
Property type: Multifamily

The space

  • Year Built: 1953

Amenities

  • Air conditioning
  • Cable TV
  • Garage / Parking
  • Pool

Description

5 Unit Multifamily Building in Little Havana

Offered at $850,000 at a 5.79% Cap Rate in Miami, FL

Exceptional property in East Little Havana along the SW 2 ST and 12 AV corridor. “Old Spanish”, twelve unit apartment building on a 7,500 SF lot zoned T6-12-O. The building as a diverse mix of units. Within five minutes of Brickell and Downtown. Miami’s nationally recognized Little Havana neighborhood is known for its culturally- rich and colorful lifestyle. The zoning here is high density at 150 units/acre this makes this a 26 unit allowed by right! If you’re looking to develop now in this densely populated area that keeps growing, where demand in the rental market is strong, and in the center of these employment centers – jump on this option now.

 

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listed with Fausto Commercial Realty.