1880 NW 36th St - Apartments FOR SALE


Miami, FL 33142- Allapattah | 
$1,890,000 USD
786-273-6643
1880 NW 36th St, Miami, FL for Sale
$1,890,000 USD
Apartments - FOR SALE
1/13
null | 8% Cap Rate

1880 NW 36th St
Miami, FL 33142
Allapattah


OVERVIEW

Eco Stone Group Investments is pleased to present a 10 unit multifamily, located on 1880 NW 36th Street, Miami FL 33142 in the heart of Allapattah, the largest epicenter for the Hispanic community. It’s density and desirability of tenants has allowed for a rapid growth in rents and capital appreciation for the area. It’s proximity to Miami’s Prime destinations like the Miami International Airport, The Marlins Stadium, multiple supermarkets, easy access to public transportation, expressways and mayor highways has created a huge demand for both tenants and landlords. With 10 separate units, four of 2 bedrooms and 1 bathroom (approx. 750 sq.ft.) all very large units for the average of the area and six of 1 bedroom and 1 bathroom, all with separate electric meters. 80% of the units have been renovated and a parking space for each of the units. I addition the property is zone T6-8O allowing 49 units for future Development plus bonus Tax break because is designated opportunity Zone

FOR SALE DETAILS

PRICE

$1,890,000 USD

PRICE/SF

$278 USD /SF

# OF UNITS

10

PRICE/UNIT

$189,000

CAP RATE

8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

T6- 8O

APN/PARCEL ID

01-3127-010-1170

ASK ABOUT THIS PROPERTY

Javier GomezEco StoneMore Info
786-273-6643

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Javier GomezEco StoneMore Info
786-273-6643

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