120 SW 20th Ave - Apartments FOR SALE


Miami, FL 33135- Little Havana
$1,600,000 USD
954-980-9455
120 SW 20th Ave, Miami, FL for Sale
$1,600,000 USD
Apartments - FOR SALE
1/27
null | 5.22% Cap Rate

120 SW 20th Ave
Miami, FL 33135
Little Havana


HIGHLIGHTS

  • New Roof with New Hurricane Impact Windows & Doors
  • 40yr Recertification Complete with 7yrs Remaining
  • Very Well Maintained & Fully Renovated

OVERVIEW

Six-Unit Multifamily Apartment Building with Highly Favorable T6-8-O Zoning, Offering Endless Possibilities for Maximizing ROI. Property is Extremely Well Maintained and Up to Date. Great location in Little Havana with High Rental Demand. Upside Potential to Increase Income with added Parking, RUBS, and Coin Laundry. New Roof and Hurricane Impact Windows were done between 2021-2023 along with full unit-Renovations. 40yr Recertification with all New Electrical Panels and Meters were done in 2022. Potential Seller Financing.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$810 USD /SF

# OF UNITS

6

PRICE/UNIT

$266,667

CAP RATE

5.22%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1941

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,942 SF

ZONING

T6-8-O

APN/PARCEL ID

01-4103-014-2970

ASK ABOUT THIS PROPERTY

William CabreraLincoln Commercial GroupMore Info
954-980-9455

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William CabreraLincoln Commercial GroupMore Info
954-980-9455

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