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Michael Gula

mikegularealtor@gmail.com +1(248) 515-4211

$2,950,000

Est. payment - /mo

2,790 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,790 sqft

Price per Sqft $1,057

MLS Listing ID A12117943

HOA Y/N No

Year Built 1947

Annual Tax Amount $27,983

Tax Year 2025

Lot Size 7,500 Sqft

Property Sub-Type Multi Family

Property Description

TURNKEY, FULLY RENOVATED & INCOME-PRODUCING 10-UNIT MULTIFAMILY INVESTMENT IN THE HEART OF LITTLE HAVANA! An exceptional opportunity to acquire an established rental property already generating income, with a cap rate exceeding 8% based on provided financials. Featuring nine 1-bedroom units and one 2-bedroom unit, this property offers an established rental operation in one of Miami's most centrally located neighborhoods. Extensive upgrades include PVC plumbing, renovated kitchens and bathrooms, individual A/C units less than two years old, and recent reroofing. The building also features 11 FPL meters, one for each unit plus a master meter. An established short-term rental business is included in the sale, offering investors a turnkey operating platform with potential for continued income generation. Ideally located near LoanDepot Park (Marlins Park), Brickell, Downtown Miami, major highways, dining, and entertainment. A rare opportunity to acquire a fully renovated, income-producing multifamily asset with significant improvements and an existing rental business. Cap rate and financials subject to buyer verification. Buyer to independently verify occupancy, zoning, permitted uses, and transferability of applicable short-term rental operating rights. DON'T MISS THIS OPPORTUNITY! On Zillow, scroll down to "facts & features", click on "show more", then click "View virtual tour" for your Virtual Interactive Lifestyle Concierge!

Location

State FL

County Miami-dade

Area 41

Zoning 3901

Interior

Heating Central

Cooling Wall/Window Unit(s), Central Air

Flooring Laminate

Exterior

Roof Type Concrete

Private Pool Yes

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block

Others

Tax ID 01-41-02-006-4490

Security Features Fenced

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12117943

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Miami Association of Realtors (SEFMIAMI MLS)

Listed by Keller Williams Capital Realty

Nearby School & Business

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Michael Gula

+1(248) 515-4211

Luxury Home Consultant License ID: SL3577722

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1440 SW 4th St Miami, FL 33135

Michael Gula

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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