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29203046
29203044

418 NW 9th Ave, Miami, FL 33128

Pinnacle Realty of Florida
Listed by Pinnacle Realty of Florida
$1,585,000
178 days on market
Updated 178 days ago

418 Luxury Living

Details
APN 01-41-38-003-0531
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,998
Net Rentable (SqFt) 3,998
Units 5
Cap Rate 5.86%
NOI $92,839
Occupancy 90%
Price per SqFt $396
Class A
Year Built 1937
Year Renovated 2025
Buildings 2
Stories 2
Lot Size (SqFt) 5,650
Zoning 3900
Parking Spaces 4 spaces
Parking per 1,000 SqFt 1.00
Investment Type Redevelopment
Occupancy Date 01/13/2026
Ownership 100

Multifamily | 5 Units

Marketing description

Exceptional opportunity to acquire a fully renovated LEGAL 5-unit multifamily property in the heart of Little Havana. Featuring a desirable mix of spacious 3/1 and 2/1 units, the property has been thoughtfully updated with modern finishes and upgraded systems, minimizing maintenance and maximizing tenant appeal. Ideally located just minutes from Downtown and Brickell also to mention its close to the Miami River, this turn-key asset offers immediate cash flow with strong rental demand and long-term upside in one of Miami’s most dynamic rental markets. Financing Options are now available.

Investment highlights

Located in the heart of Little Havana, 419 NW 9th Ave, Miami, FL 33128 presents a compelling multifamily investment opportunity in one of Miami’s most supply-constrained, high-demand rental submarkets. The property benefits from an irreplaceable central location just minutes from Downtown Miami, Brickell, Wynwood, major employment centers, and transit corridors, driving consistent tenant demand and strong occupancy. Investors are positioned to capitalize on durable cash flow from a diversified rent roll while also unlocking upside through a light value-add or renovation strategy, as comparable renovated assets in the immediate area have achieved meaningfully higher rents and pricing. Little Havana continues to attract long-term residents and young professionals seeking affordability relative to adjacent neighborhoods, supporting stable income and long-term appreciation. With favorable market fundamentals, strong buyer demand for small multifamily assets, and Miami’s continued population and job growth, this offering is well-suited for both buy-and-hold investors and those targeting NOI growth in a proven urban infill location.

Listing Contacts

Pinnacle Realty of Florida
Listed by Pinnacle Realty of Florida

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$92,839.00
$7,736.58/mo

Valuation Metrics

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DSCR
5.86%
Cap Rate
5.86%
ROI

Map

Zoning

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T4-R MixedMixed UseGeneral Urban Transect Restricted
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Christian Giraldo
License
3475715
Brokerage
pinnacle realty
Brokerage Address
7200 Corporate Center Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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