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441 NE 37th St, Miami, FL 33137 For Sale

EA
3040502
Fortune International Realty
Listed by Fortune International Realty
$3,500,000
7 days on market
Updated 7 days ago

Vuena Vista Multifamily

Details
Property Type Multifamily
Sub Type Apartments
Square Footage 8,399
Net Rentable (SqFt) 8,399
Units 16
NOI $27,237
Occupancy 100%
Broker Co-Op Yes
Class C
Year Built 1974
Year Renovated 2005
Buildings 2
Stories 2
Lot Size (SqFt) 13,068
Zoning T -5 Urban Center Zone
Parking Spaces 16 spaces
Parking per 1,000 SqFt 1.90
Investment Type Redevelopment
Ownership Corporation

14 Units | Miami, FL

Marketing description

The building is located in the City of Miami in the Buena Vista neighborhood. This established neighborhood is adjacent to Midtown, Wynwood, Edgewater, Upper East Side, and Morningside, just off the Julia Tuttle Causeway leading to Miami Beach.


Two Buildings consisting of two low-rise apartment buildings with a total of 16 units. Common areas are well-maintained, as are the apartment interiors. The building offers plenty of off-street parking, good access to public transportation, nearby grocery stores, restaurants, and shops

Investment highlights

Redeveloper Opportunity on Buena vista market off Biscayne Blvd surrounded by highrise building grooving aea

Listing Contacts

EA
3040502
Fortune International Realty
Listed by Fortune International Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$27,237.00
$2,269.75/mo

Valuation Metrics

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DSCR
0.78%
Cap Rate
0.78%
ROI

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