Listed by Pellego, LLC
$1,445,000
BRICKELL RIVERVIEW
Details
APN 01-41-38-003-3960
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 3,380
Units 4
NOI $820,244
Year Built 1975
Stories 2
Zoning 3900
Parking Spaces 6 spaces
Parking per 1,000 SqFt 1.78
Multifamily | 4 Units
Marketing description
Alerio Group is proud to exclusively present 329 SW 9th ST Street, a boutique 4-unit multifamily property located in the heart of Little Havana.
This meticulously maintained asset features four 2-bedroom, 1-bath units, currently rented at $2,250 x 2 and 2x @ $2275, delivering high in-place income at a 5.5% CAP rate with upside potential. The property has undergone extensive upgrades both inside and out. All of the unit interiors have been fully remodeled and include impact windows, a new roof, central air conditioning in all units, six on-site parking spaces, new asphalt paving, a new fence including dumpster enclosure, and new railings. All work was done with permits. Additional income is generated through on-site coin-operated laundry (1 new washer / 1 dryer).
Designed for ease of ownership, this low-maintenance building is simple to manage and offers the ability to further increase rents. All tenants are secured with annual leases except one MTM lease.
Located in one of the strongest rental markets in the country, this Little Havana multifamily asset offers durable cash flow, inflation resistance, and long-term appreciation potential. This offering will not last.
Listing Contacts
Listed by Pellego, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$820,244.00
$68,353.67/mo
Valuation Metrics
0
DSCR
56.76%
Cap Rate
56.76%
ROI
Map
Zoning
T4-R MixedMixed UseGeneral Urban Transect Restricted
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View all 49 uses
View all 49 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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Tax History
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