Listing Summary
5-Unit Multifamily Property for Sale | Miami, FL
100% Occupied 5-Unit Apartment Building with Upside Potential & 40-Year Recertification Complete
Full Description
Capitalize on a prime investment opportunity in the heart of Miami. This 100% occupied 5-unit multifamily property delivers immediate, stable cash flow driven by strong local rental demand. Featuring five fully leased 1-bedroom / 1-bathroom units, this asset offers significant rent upside, making it ideal for investors seeking high returns and long-term value add.
Key Investment Highlights:
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100% Occupied: Fully leased with consistent income and reliable cash flow from Day 1.
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40-Year Recertification Passed: Completed recertification minimizes immediate capital expenditures and ensures structural peace of mind.
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1 Bed / 1 Bath Unit Mix: Highly liquid, high-demand unit layout for Miami's core tenant base.
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Significant Rent Upside: Current rents sit below market value, offering clear upside potential to boost NOi and cap rate.
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Strategic Central Location: Quick access to major highways, public transit, downtown commercial hubs, and top employment centers.
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Portfolio Expansion Option: Can be purchased individually or as part of a 10-unit portfolio (2100 & 2110 NW 24th St) for greater scale.
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Quick Glance
- Listing ID:
CL-Florida-28081
- Status:
Active
- Year Build:
1956
- Building Size:
2,508 SqFt
- Lot Size:
2,508 SqFt
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