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22908425
22908424

98 NW 47th Ave, Miami, FL 33126

DG
FL SL3414557, FL
eXp Commercial
Listed by eXp Commercial
$1,100,000
416 days on market
Updated 3 days ago

98 NW 47th Ave

Details
APN 01-4106-036-0430
Property Type Multifamily
Sub Type Apartment Building
Units 5
Occupancy 100%
Class C
Year Built 1953
Lot Size (SqFt) 5,000
Investment Type Value Add

47th Ave | 5 Unit

Marketing description

eXp Commercial is pleased to present 98 NW 47th Ave, a 5-unit apartment building in Miami's Flagami neighborhood. Built in 1953, the property is centrally located, providing easy access to major employers and attractions. Being minutes away from the airport is a significant advantage for both frequent travelers and weekend visitors. The T4-L zoning designation is particularly advantageous for investors, as it allows for short-term rental operations. This flexibility enables investors to capitalize on Miami's thriving tourism industry, potentially increasing rental income. With its manageable size, this 5-unit complex, consisting of studios, allows for hands-on management and presents opportunities for value-add improvements to enhance rental income and property value. Ideal for those seeking an entry-level multifamily investment or looking to expand their portfolio, this property presents a unique opportunity in one of Miami's strongest real estate markets.

Investment highlights

Potential for Short-term Rentals

Private Patio for each unit

2.4 Miles from Miami International Airport

Minutes from SR 836 Expressway connecting you to Downtown, Brickell, Wynwood

Listing Contacts

DG
FL SL3414557, FL
eXp Commercial
Listed by eXp Commercial

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Additional Information

Name
Daniel Garcia
License
SL3414557
Brokerage
eXp Commercial
Title
Senior Advisor
Brokerage Address
10752 Deerwood Park Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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