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Multifamily – 7,500 SF in Miami, FL – Prime Little Havana Location with Strong Upside

Commercial Sale

Category: Multifamily

Price:$1,600,000

Location: Miami, FL

Year Built: 1925

Days on Market: 39

Description:

8-unit multifamily in Little Havana, across from Marlins Stadium. All 1 bed/1 bath units, recently renovated, updated electrical, and 2020 roof. Parking for 10+ cars. Rented below market. Zoned T5-L on 7,500 SF lot—build up to 11 units by right / up to 25 with Live Local incentives. 6% in-place cap rate with pro forma potential near 8%. Seller financing available up to 60%. All info on MLS/Matrix for listing is deemed iccurate but not guaranteed and subject to errors, and changes without notice. If any item mentioned in this Matrix/MLS listing is deemed inaccurate, the seller and/or listing brokerage/listing agent and any and all affiliated offices of the listing brokerage are not liable for accuracy. All Realtors and Buyers must verify before submitting formal offers on said property.

Contact Donna for Showings.

Listing Code: 1118512874