Florida Home Sales and Invest.
Listed by Florida Home Sales and Invest.
$3,775,000
Little Havana
Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 12,825
Units 18
Cap Rate 6.00%
NOI $251,180
Year Built 1925
Year Renovated 2010
Stories 3
Zoning T4-R
Parking Spaces 9
Multifamily | 6.00% CAP | 18 Units
Marketing description
FAB. 18 UNIT OLD SPANISH STYLE BUILDING, MINUTES FROM DOWN TOWN MIAMI AND WITHIN WALKING DISTANCE FROM BRICKELL.BUILDING. WAS TOTALLY RENOVATED IN 2010. ROOF WAS REDONE IN 2006 AND AGAIN IN 2020. SEVERAL OF THE AC UNITS AND APPLIANCES HAVE BEEN REPLACED SINCE . GREAT RENTAL INCOME PLUS $3600 IN LAUNDRY RECEIPTS. PLEASE TO NOT DISTURBED TENANT. 50 YEAR PLUS RE-CERTIFICATION COMPLETED IN JULY 2025 .WILL SHOW AFTER A SIGNED LETTER OF INTENT OR CONTRACT. SEE ATTACHMENT FOR MORE INFO.
Investment highlights
- Renovated in 2010
- Roof redone in 2006
- Exterior completely repainted in March 2025
- Impact windows
- Central AC
- Proximity to downtown and Brickell
- Zone T4-R
- Net Income equals $ 251,180
- Gross Annual Income equals $ 338,440
- Total Annual Expenses equals $ 87,259
- Cap Rate equals 6%
Listing Contacts
Florida Home Sales and Invest.
Listed by Florida Home Sales and Invest.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$251,180.00
$20,931.67/mo
Valuation Metrics
0
DSCR
6.65%
Cap Rate
6.65%
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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