6032 SW 25th St - Apartments FOR SALE


Miramar, FL 33023- Miramar Isles
$2,995,000 USD
954-312-1678
6032 SW 25th St, Miramar, FL for Sale
$2,995,000 USD
Apartments - FOR SALE
1/22
null | 6% Cap Rate

6032 SW 25th St
Miramar, FL 33023
Miramar Isles


HIGHLIGHTS

  • Rare Opportunity To Acquire Well-Maintained, Turnkey Multifamily Asset In The Miramar Isles Neighborhood Of Miramar
  • Asset Consists Of 3 Adjacent Buildings (Separately Parceled) On Large 0.93 AC Lot With Favorable Zoning, Offering Stable Income & Future Redevelopment
  • Extremely Well-Maintained By Professional Operator With Minimal To No Capital Expenditures Needed In Short-Term
  • All Electrical And Plumbing Has Been Updated
  • Every Unit Has Been Renovated &Features Open, Spacious Layouts With New Flooring, Cabinetry/Countertops, Stainless Steel Appliances, Updated Bathrooms
  • Prime Miramar Location In Quiet Neighborhood Close To Retailers, Restaurants, Schools, Offices, Etc.

OVERVIEW

Miramar Apartments present a compelling multifamily investment opportunity in Miramar, featuring a well-maintained 11,892-square-foot building comprised of 15 residential units. Originally constructed in 1973, the property reflects durable construction and a proven operational history, offering investors a stable, income-producing asset within a consistently performing rental submarket. The property is currently 100% occupied, providing immediate in-place cash flow and eliminating lease-up risk for a new owner. This full occupancy underscores strong tenant demand and effective management, while also presenting potential upside through strategic rent optimization or operational efficiencies. The unit mix and overall scale are ideal for investors seeking a manageable, mid-size asset with steady performance. With its established tenancy and solid fundamentals, Miramar Apartments offer both stability and future value-add potential. Investors can benefit from the existing income stream while exploring opportunities to enhance returns through interior upgrades, expense management, or repositioning strategies. This combination of current performance and forward-looking potential makes the property a strong addition to any multifamily portfolio.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$756 USD /SF

# OF UNITS

15

PRICE/UNIT

$199,667

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Miramar Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

MFR

APN/PARCEL ID

51-41-25-04-0040

ASK ABOUT THIS PROPERTY

Ryan WoldFranklin StreetMore Info
954-312-1678

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Ryan WoldFranklin StreetMore Info
954-312-1678

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