Listed by Fausto Commercial, Fausto Commercial Realty Consultants
$1,350,000
EDGEWOOD SUB
Details
APN 01-31-25-047-0050
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 3,204
Year Built 1972
Stories 2
Zoning 7700
Parking Spaces 5 spaces
Parking per 1,000 SqFt 1.56
Multifamily
Marketing description
Location, location, location. This is an ideal "covered land play" in the heart of Allapattah’s emerging WOW (West of Wynwood) District. Located just blocks from the Rubell Museum and the world-renowned Wynwood Arts District, this 4-plex represents a premier "path of progress" acquisition.This asset allows any investor to capture the massive spillover demand from Wynwood’s expansion while benefiting from Allapattah’s lower cost basis. The property’s footprint provides tenants immediate access to the high-end retail, dining, and creative offices of the NW 29th Street corridor.
With solid CBS "bunker" construction, the building is a perfect candidate for a value-add renovation to achieve market-leading rents or a high-yield short-term rental play. Whether positioned as a strategic land-hold or a "house hack" for a first-time investor, this is a high-upside addition to any sophisticated Miami portfolio.
Listing Contacts
Listed by Fausto Commercial, Fausto Commercial Realty Consultants
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