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29595279
29595328

329 SW 9th Ave, Miami, FL 33130

Pellego, LLC
Pellego, LLC
Listed by Pellego, LLC
$1,445,000
147 days on market
Updated 10 days ago

BRICKELL RIVERVIEW

Details
APN 01-41-38-003-3960
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex (+1)
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.
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Listing Contacts

Pellego, LLC
Pellego, LLC
Listed by Pellego, LLC

Valuation Calculator

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$820,244.00
$68,353.67/mo

Valuation Metrics

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DSCR
56.76%
Cap Rate
56.76%
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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