10500 172nd st - Multi-Family FOR SALE


Miami, FL 33157- West Perrine
$9,500,000 USD
954-678-3780
10500 172nd st, Miami, FL for Sale
$9,500,000 USD
Multi-Family - FOR SALE
1/11
null | 5.78% Cap Rate

10500 172nd st
Miami, FL 33157
West Perrine


HIGHLIGHTS

  • Excellent Location
  • Build-Out & Amenities
  • Strong Rental Market
  • Miami Dade MSA Amenities
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive sale of West Perrine Apartments by BlueNest, a new construction multi-family investment property located at 10500 SW 172nd Street in Miami, Florida (“the Property”). With an anticipated completion date in early 2027, West Perrine Apartments by BlueNest will be a two-story multi-family property containing twenty-two (22) residential units comprised of eight (8), 2-Bedroom/2-Bathroom units and fourteen (14), 3-Bedroom/2-Bathroom units with 20,874 square feet of living area on a 0.68-acre corner parcel of land. The new construction Property offers an attractive and modern architectural design, large, spacious units with open floor plans, in-unit laundry, private patios or balconies, and condo-quality finishes. West Perrine Apartments by BlueNest will also offer twenty-two (22) on-site parking spaces for residents. West Perrine Apartments by BlueNest is situated in an excellent location on a residential street in Miami’s West Perrine neighborhood. The Property is 0.8 miles from S Dixie Highway (US Route 1) and 1.5 miles from the Florida Turnpike, both of which offer outstanding regional connectivity throughout Miami and to the broader South Florida market. The Property enjoys proximity to an appealing array of retailers, restaurants, bars, and service amenities along US Route 1 and at the Southland Mall and The Falls, just a few miles away. West Perrine Apartments by BlueNest is convenient to the municipal bus line, major roads and offers proximity to major attractions and points of interest in the area including Zoo Miami, Deering Point, Jackson South Medical Center, Homestead Air Reserve Base, Homestead-Miami Motor Speedway, Biscayne Bay, Miami Executive Airport and Downtown Miami.

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$455 USD /SF

# OF UNITS

22

PRICE/UNIT

$431,818

CAP RATE

5.78%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

West Perrine Apartments

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Alejandro GonzalezHorvath & TremblayMore Info
954-678-3780

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Alejandro GonzalezHorvath & TremblayMore Info
954-678-3780

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.