This stabilized 12-unit multifamily property presents a compelling investment opportunity in Miami's thriving urban market. Situated on a high-visibility corner along West Flagler Street, the asset benefits from strong connectivity and immediate access to transit lines, the Health District, and Downtown Miami. The versatile unit mix includes 10 one-bedroom apartments and two studios, catering to sustained rental demand in the area. Occupying a 15,000 SF lot under T5-L zoning, the property allows for significant covered land play and long-term redevelopment potential. Recent capital upgrades include a new roof (2013), updated central HVAC, and over 3,000 SF of paved parking, enhancing both functionality and tenant appeal. Positioned within the Urban Development Boundary and a Central Enterprise Zone, investors gain not only stable current income but the ability to leverage future density options. With Miami’s growing population and robust workforce housing need, this property offers immediate cash flow with enduring upside in a dynamic corridor.