Multifamily Income Property – 5-Unit Compound in Miami, FL – Fully Rented with Upside
Commercial Sale
Category: Multifamily
Price:$1,500,000
Location: Miami, FL
Year Built: 1925
Days on Market: 100
Description:
A rare income opportunity in Allapattah: a 5-unit compound featuring a front 3-bed/2-bath single-family home plus a rear 4-unit building—all fully rented with clear upside on rents. Set on an oversized 10,800 SF lot with ~10 parking spaces (per public records), low-maintenance cash flow in one of Miami’s most connected submarkets. Tenants enjoy quick access to SR-836/I-95/112, and proximity to Miami International Airport, the Jackson Health/Civic Center district, Wynwood, and Downtown Miami—a location that consistently drives rental demand. Built 1925 and updated over time, this versatile property is ideal for value-add investors or 1031 buyers seeking immediate income with room to grow. 5 mins to Jackson Memorial, 7 Mins to MIA, 10 mins to Wynwood & downtown Miami.
Allapattah 5-unit income property—front 3/2 house + 4-unit building in back, fully rented with upside. Oversized 10,800 SF lot with 10+parking spaces.
Listing Code: 1130084512