Listed by Compass Florida LLC
$1,162,500
RAILROAD SHOPS INTER SCHO
Details
APN 01-31-13-048-0310
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 1,716
NOI $80,950
Year Built 1971
Zoning 5700
Parking Spaces 3 spaces
Parking Per SqFt 1.75
Multifamily
Marketing description
Exceptional investment opportunity in the heart of Miami’s emerging Little Haiti corridor! This renovated duplex
combines strong STR income performance with long-term redevelopment potential as T3-O zoning. Potential
multifamily 2–9 units. Featuring 3 beautifully updated units, modern finishes, impact windows, 2 electric meters,
and a newly landscaped yard with pool area, this property has delivered an impressive $150,134 in 2024 annual gross income and a great CAP Rate above 6%. Enjoy consistent bookings from short-term rentals while benefiting from revitalization and proximity to Wynwood, the Design District, and Midtown. An ideal turn-key asset for investors seeking cash flow + appreciation upside in one of Miami’s fastest-transforming
neighborhoods.
Listing Contacts
Listed by Compass Florida LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$80,950.00
$6,745.83/mo
Valuation Metrics
0
DSCR
6.96%
Cap Rate
6.96%
ROI
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