980 NW 45th Ave - Apartments FOR SALE


Miami, FL 33126- Flagami
$4,200,000 USD
305-340-8901
980 NW 45th Ave, Miami, FL for Sale
$4,200,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

980 NW 45th Ave
Miami, FL 33126
Flagami


OVERVIEW

Extraordinary investment opportunity in Flagami south of Miami International airport and 836 HWY, boasting an exceptional 1970s CBS construction that is hurricane proof. This sixteen (16)-unit apartment building, situated on 20,475 SF lot zoned T5-R with parking, is irreplaceable given existing zoning. Each apartment features a well- designed floor plan with one bedroom and one bath, providing consistency and ease of management. Within minutes to Magic City Casino, it is also centric to other amenities and locales. Inter Miami CF stadium, 58-acre public park, and entertainment district at Miami Freedom Park scheduled to open in late 2025. This is a year-round destination spot. The recreational project will be the largest new park in Miami, soccer and youth athletic fields for the community, a full range of entertainment and commercial offerings including office space, hotel, shops, restaurants and additional experiences and attractions for residents just minutes East of the site. Further, its located near the bustling Miami Intl Airport, Coral Gables, Downtown, Brickell and several other employment centers, residents will be motivated to live in this centric and thriving neighborhood that is gaining traction in the vibrant and culturally diverse city that is undergoing a massive transformation. Investing in this area presents an extraordinary opportunity to capitalize on the remarkable surge of growth and development sweeping through the region. Reach out to us now to explore this remarkable property further and unlock the potential it holds for you.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$317 USD /SF

# OF UNITS

16

PRICE/UNIT

$262,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

T5-R

APN/PARCEL ID

01-3132-009-0270

ASK ABOUT THIS PROPERTY

Mauricio VillasusoFausto Commercial Realty ConsultantsMore Info
305-340-8901

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Mauricio VillasusoFausto Commercial Realty ConsultantsMore Info
305-340-8901

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