1877 SW 6th St - Apartments FOR SALE


Miami, FL 33135- Little Havana
$570,000 USD
786-521-2750
1877 SW 6th St, Miami, FL for Sale
$570,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

1877 SW 6th St
Miami, FL 33135
Little Havana


HIGHLIGHTS

  • 6000 SF Redevelopment Lot in Prime Location – Zoned T4 for 6 Units
  • Currently features an income-producing house generating $5,200/month

OVERVIEW

6000 SF Redevelopment Lot in Prime Location – Zoned T4 for 6 Units Don’t miss this excellent opportunity to acquire a 6,000 square foot lot zoned T4, ideal for the redevelopment of up to 6 residential units. Whether you're planning a townhouse development or boutique apartment complex, this property offers the perfect foundation to bring your vision to life. What makes this lot even more attractive is the current income-producing house on-site, generating a solid $5,200 in gross monthly rental income. This cash flow can help offset holding costs while you plan and develop your new project. You’ll be earning income from day one as you prepare to capitalize on the full potential of this redevelopment-ready lot. Key Features: 6,000 SF lot with T4 zoning for up to 6 units Currently features an income-producing house generating $5,200/month Ideal for redevelopment into residential units or townhomes Offset redevelopment costs with existing rental income Located in a high-demand area with strong future growth potential This is the perfect chance to invest in a property with immediate income and incredible development potential. Build your future while the property works for you today!

FOR SALE DETAILS

PRICE

$570,000 USD

PRICE/SF

$252 USD /SF

# OF UNITS

4

PRICE/UNIT

$142,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1877 SW 6 ST

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,619 SF

ZONING

T4-R

APN/PARCEL ID

01-4103-024-0030

ASK ABOUT THIS PROPERTY

Ambarina PerniaReal Estate Sales ForceMore Info
786-521-2750

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Ambarina PerniaReal Estate Sales ForceMore Info
786-521-2750

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