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Multifamily Investment Opportunity – 13 Units in Miami, FL – Value-Add Redevelopment Potential

Commercial Sale

Category: Multifamily

Price:$1,275,000

Location: Miami, FL

Year Built: 1935

Days on Market: 64

Description:

Excellent value-add multifamily opportunity consisting of 13 units across two buildings. The main two-story building contains 11 units, plus a separate detached building with 2 additional units. Unit mix consists of six (6) two-bedroom, one-bath units and seven (7) one-bedroom, one-bath units. Legal unit count, bedroom and bathroom configuration, and unit numbers to be verified by buyer with Miami-Dade County. Property is being sold as-is with outstanding liens and code violations that will need to be assumed by the buyer. The building is currently boarded, however a walk-through video is available to review the interior condition. Property is ideal for investors seeking a redevelopment, repositioning, or long-term hold opportunity. No representations or warranties regarding condition, use, or zoning. Buyer to perform all due diligence prior to submitting an offer,

Excellent value-add multifamily opportunity consisting of 13 units across two buildings!

Listing Code: 1149629167