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24962529
24962528

36 NE 65th St, Miami, FL 33138

AP
FL 3160379
Porosoff Group
Listed by Porosoff Group
$3,990,000
317 days on market
Updated 29 days ago
Opportunity zone

LIBERTY PK AMD PL 1ST ADD

Details
APN 01-31-13-019-0210
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex (+1)
Square Footage 15,996
Net Rentable (SqFt) 13,732
Units 24
Class C
Year Built 1922
Year Renovated 2025
Buildings 2
Stories 2
Lot Size (SqFt) 15,750
Zoning 3900
Parking Spaces 20 spaces
Parking Per SqFt 1.25
Ownership Fee Simple

24-unit Little Haiti multifamily with strong cash flow and value-add upside in growth market

Marketing description

This two-story building features a desirable unit mix catering to the strong demand for affordable and workforce housing in the area. Strategically positioned just east of North Miami Avenue, the property benefits from proximity to the Miami Design District, Wynwood, and Midtown, offering tenants access to major employment centers, retail, and cultural amenities. The asset provides investors with immediate cash flow and significant upside potential through interior renovations and rent optimization, as current rents remain below market averages. Little Haiti continues to experience rapid growth and redevelopment, attracting both local and national investment, enhancing the long-term value of multifamily assets in the submarket.

Investment highlights

• Prime Little Haiti Location: Situated in a rapidly redeveloping neighborhood near Miami Design District, Wynwood, and Midtown, offering strong tenant demand and long-term growth potential.

• 24-Unit Multifamily Asset: Desirable unit mix appealing to the local workforce housing market with consistent occupancy and cash flow.

• Value-Add Opportunity: Current rents are below market, providing potential for increased revenue through interior renovations and rent optimization.

• Strong Market Fundamentals: Little Haiti is experiencing significant investment and revitalization, enhancing property appreciation prospects.

• Strategic Accessibility: Easy access to major highways (I-95 and US-1), public transportation, and employment centers, increasing tenant retention and demand.

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Listing Contacts

AP
FL 3160379
Porosoff Group
Listed by Porosoff Group

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Additional Information

Name
Arthur Porosoff
License
3160379
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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