Listed by Trustpoint realty
$7,399,999
18101 NW 7th Ave
Details
APN 34-21-12-003-0370
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo
Square Footage 23,635
Net Rentable (SqFt) 23,635
Units 32
Cap Rate 6.25%
NOI $462,132
Occupancy 100%
Price per SqFt $313
Class C
Year Built 1968
Stories 2
Lot Size (SqFt) 47,025
Zoning 6800
Investment Type Value Add
32 Unit Multifamily Investment Opportunity in Miami Gardens
Marketing description
Prime multifamily investment opportunity in Miami Gardens. This 32-unit property sits on just over one acre and features a strong unit mix of 23 two-bedroom, one-bath units and 9 one-bedroom, one-bath units. The property is currently 100% occupied and producing approximately $462,000 in net operating income, offering investors immediate cash flow with additional upside through future rent growth.
The property benefits from over 50 on-site parking spaces and a roof installed in 2016. Many of the rents are below current market levels, providing a clear value-add opportunity for the next owner through strategic rent increases and operational improvements.
Located along NW 7th Avenue, the property offers strong visibility and convenient access to major roadways, retail, and employment centers throughout Miami Gardens and the surrounding areas.
This asset is well suited for investors seeking a stabilized multifamily property with long-term appreciation potential in a growing Miami-Dade submarket.
Listing Contacts
Listed by Trustpoint realty
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$462,132.00
$38,511.00/mo
Valuation Metrics
0
DSCR
6.25%
Cap Rate
6.25%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Name
License
Brokerage
Title
Brokerage Address
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?















