436 SW 14th Ave - Apartments FOR SALE


Miami, FL 33135- Little Havana
$1,300,000 USD
954-980-9455
436 SW 14th Ave, Miami, FL for Sale
$1,300,000 USD
Apartments - FOR SALE
1/40
null | 5.45% Cap Rate

436 SW 14th Ave
Miami, FL 33135
Little Havana


HIGHLIGHTS

  • High Rental Demand.
  • All units 2Bed/1bath.
  • Very Well Maintained.

OVERVIEW

Excellent opportunity to purchase this incredibly well-maintained 4plex in the heart of Little Havana. All 4 units are 2bed/1bath. 40yr recertification in-place with about 5yrs remaining. Amazing location within walking distance to Marlins Stadium. Building has been recently painted. Decorative tiles just installed on the front of the building and staircases also have brand new tiles. New exterior illumination. All units have new copper water lines. Cast iron drains were removed from the 2nd floor down the walls to the slab. Tenants are all month to month and paying below market rents, each unit is at $2,000 per month. Washer and Dryer hook-up in-place for additional income potential along with raising rents.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$410 USD /SF

# OF UNITS

4

PRICE/UNIT

$325,000

CAP RATE

5.45%

% 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

1970

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

T4-L (Multifamily)

APN/PARCEL ID

01-4102-006-4640

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 Policy.