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

Off Market

Property type: Multifamily

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.