$1,285,000
CITY OF MIAMI SOUTH
Details
APN 01-02-02-080-1100
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 3,240
Units 5
NOI $26,609
Year Built 1959
Stories 2
Zoning 3900
Parking Spaces 5 spaces
Parking per 1,000 SqFt 1.54
Multifamily | 5 Units
Marketing description
Prime investment opportunity in East Little Havana — this well-maintained 5-unit (6 Bed/5 Bath) multifamily property offers exceptional walkability to Downtown Miami, Jose Marti Park, Brickell, the Miami River District, and the vibrant heart of Calle Ocho. The two-story building features on-site parking (five private spaces with room for expansion), a permitted shingle roof under 10 years old, newer permitted railings, upgraded corridor flooring, newer A/C units (2019–2023), copper and PVC plumbing, updated electrical with separate meters, and several remodeled units. Units are rented month-to-month, providing immediate income with flexibility for repositioning. The property has been owned by the same family since construction, offering a rare opportunity to acquire a stable, long-held asset in a high-growth area. The four 1/1 units are Tenant occupied and the one 2/1 unit is being used by the Owner. With strong management and 100% occupancy, the property could generate a much higher net operating income.
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$26,609.00
$2,217.42/mo
Valuation Metrics
0
DSCR
2.07%
Cap Rate
2.07%
ROI
Map
Zoning
T4-R MixedMixed UseGeneral Urban Transect Restricted
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View all 49 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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