Multifamily Investment – 8,300 Square Feet in Miami, FL – Income-Producing with Section 8 Tenants
Commercial Sale
Category: Multifamily
Price:$1,100,000
Location: Miami, FL
Year Built: 1948
Days on Market: 50
Description:
A prime opportunity in a highly sought-after neighborhood! It's an income-producing multi-family investment with a cap rate of over 3%. Spread across an 8,300 square foot lot, this property is zoned T5-0, allowing for up to 12 units. Currently, all units are rented through Section 8, providing a steady income stream. The existing structure features 1 one bedroom and 4 studio apartments. Its central location offers easy access to the vibrant Design District, major expressways, and is conveniently situated near beautiful beaches and airports.
A prime opportunity in a highly sought-after neighborhood! It's an income-producing multi-family investment with a cap rate of over 3%.
Listing Code: 1090476916