761-771 NW 1st St - Apartments FOR SALE


Miami, FL 33128- Little Havana
$5,100,000 USD
305-209-8866
761-771 NW 1st St, Miami, FL for Sale
$5,100,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

761-771 NW 1st St
Miami, FL 33128
Little Havana


HIGHLIGHTS

  • 16 units · 14,212 rentable SF
  • Concrete + CMU construction
  • Outdoor balconies + patios (select)
  • 100% occupied · all paying tenants
  • Impact glass · Key-card entry
  • Stainless appliances · Granite counters

OVERVIEW

The Porosoff Group is pleased to present Tecela Little Havana, a sixteen-unit boutique multifamily community at 761-771 NW 1st Street, designed by Jason Chandler, AIA, and delivered in two phases (2017 and 2019). The asset is fully stabilized at one hundred percent occupancy with no lease-up risk and no concession burn-off. Construction is concrete and CMU with impact-rated glazing and key-card entry. Interiors carry polished concrete floors, custom millwork, quartz counters, and 9'+ ceilings, with 13'+ in the four 2BR-A flats, each backed by a 750 SF private rear yard. The site sits in Little Havana, ten minutes from Brickell, twelve from Wynwood, fifteen from the Health District, and twenty-three from MIA.

FOR SALE DETAILS

PRICE

$5,100,000 USD

PRICE/SF

$277 USD /SF

# OF UNITS

16

PRICE/UNIT

$318,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tecela Little Havana

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2017

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

T6-8-O

APN/PARCEL ID

01-0200-070-1140,01-0200-070-1150

ASK ABOUT THIS PROPERTY

Arthur PorosoffCompass Florida LLCMore Info
305-209-8866

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Arthur PorosoffCompass Florida LLCMore Info
305-209-8866

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