Located along the highly visible 22nd Avenue corridor, a major fourlane thoroughfare in the heart of Little Havana, this unique investment opportunity offers immediate income with long-term redevelopment upside. The property is centrally positioned just minutes from Brickell, Downtown Miami, Coral Gables, and Miami International Airport, making it one of the most strategically connected sites in the city.
The site is currently has a 22 unit multifamily building, a leased restaurant, and an operating car wash, generating stable cash flow with value add potential. Flexible lease structures provide a buyer with both reliable near-term income and the ability to reposition or redevelop when market timing is ideal.
Highlights
• 22 Unit 1br Multifamily
•Fully operational Restaurant and Car Wash
•Flexible leases with cancellation clauses in place
•Currently 100% occupied
•Possible up-zoning with a unity of title
• Desirable hard corner
• Easily financeable
• 18,400 Average Annual Daily Traffic Count