Tropical Terrace Apartments presents a rare opportunity to acquire a modern, income-producing multifamily asset in Miami’s thriving Allapattah neighborhood. Built in 2020, this 17-unit garden-style property combines durable construction with a strategic urban-core location, offering investors immediate cash flow and long-term upside. The property is fully occupied, supported by a strong workforce tenant base, and benefits from proximity to major employment hubs including the Health District, Wynwood, Downtown Miami, and the Civic Center. Current rents trail comparable properties in the area, creating a clear path for organic revenue growth without significant capital investment. With projected market rents exceeding $2,000 per unit and a five-year NOI growth trajectory reaching nearly $289,000, Tropical Terrace offers compelling yield and appreciation potential. Residents enjoy connectivity to SR-836, I-95, and Metrorail, ensuring seamless access across the metro. The surrounding neighborhood continues to experience robust redevelopment, reinforcing demand for quality attainable housing. Positioned within a high-barrier market characterized by limited supply and strong demographic fundamentals, Tropical Terrace stands as a resilient investment in one of Miami’s most dynamic submarkets. Investors seeking a stabilized asset with embedded rent growth and exposure to Miami’s long-term economic drivers will find this offering exceptionally attractive.