Investors- Navigate to this cash flowing property in a historic area. The prime location is close to Calle Ocho and Brickell which has alot of new multi family development. The building is zoned mixed use and features 6x1/1 apartments and 1 convenience store. Gated access to top floor which features 4x1/1 apartments. 1 apartment in the front of the building and 1x1/1 at the rear. The store has a separate storage building with electric and privacy fence from the building common yard area. 40 year recertification is approved and recorded. No code violations and all units have separate meters. 1 water meter. 5x1/1 paying $1300 and 1x1/1 paying $1200. Convenience store paying $3000 and in process of negotiating higher. All units have leases. 7%+ cap rate. No seller financing. Contract to view.
Multi-familyProperty Type
1930Year Built
$336Est. Price/Sq.Ft.
Listed by Rogerlee Vidal• Navigate Real Estate, LLC.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Miami-Dade County
APN
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Parking Spaces
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Basement
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Accessible
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Garage
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Last updated by owner on Apr 12, 2023.
T4-R
General Urban Transect - Restricted Zone
The General Urban Zone consists of a Mixed-Use but primarily residential urban fabric with a range of Building types including rowhouses, small apartment Buildings, and bungalow courts. Setbacks are short with an urban Streetscape of wide Sidewalks and trees in planters. Thoroughfares typically define mediumsized blocks.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Property details
Interior
Virtual Tour
Interior Features
Flooring: Tile
Multi Unit Financial Information
Total Rent: $10,700
Operating Expense: $27,100
Unit Type 1
Unit Description: Parking:On-Street
# of Units: 7
# of Bedrooms: 6
# of Bathrooms Total: 6
# of Full Bathrooms: 6
Exterior
Building Information
Stories: 2
Year Built Details: Resale
Construction Details: Block
Land Information
Possible Use: Investment
Lot Information
Lot Features: Less Than Quarter Acre
Zoning Description: 3900
Financial
Tax Information
Annual Tax Amount: $8,059
Tax Year: 2023
Rental Information
Rent Includes: Water
Utilities
Utility Information
Utilities: Cable Available
Sewer: Public Sewer
Heating & Cooling
Has Cooling
Cooling: Wall/Window Unit(s)
Has Heating
Heating: Wall Furnace
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Miami-Dade County
APN: —
Home facts updated by county records on Apr 12, 2023
Around this home
Schools
Shenandoah Elementary School
Public PreK-5 • Assigned • 0.5mi
7/10
Shenandoah Middle School
Public 6-8 • Assigned • 1.1mi
5/10
Miami Senior High School
Public PreK-12 • Assigned • 0.7mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Miami, FL • 33135
Average low and high temperatures (°F)
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Sun exposure
In this area, properties receive around 9.5 hours in
June and 6.9 hours in December, placing it above the
U.S. average for solar exposure.