Basics
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Bathrooms: 0
- Floors: 1
- Lot size: 7500, 7500 sq ft
- Year built: 1947
- County: Miami-Dade
- MLS ID: A12117943
Description
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Description:
LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 6 BLK 93 LOT SIZE 7500 SQUARE FEET COC 23675-1650 08 2005 1 TURNKEY, FULLY RENOVATED & INCOME-PRODUCING 10-UNIT MULTIFAMILY INVESTMENT IN THE HEART OF LITTLE HAVANA! An exceptional opportunity to acquire an established rental property already generating income, with a cap rate exceeding 8% based on provided financials. Featuring nine 1-bedroom units and one 2-bedroom unit, this property offers an established rental operation in one of Miami's most centrally located neighborhoods. Extensive upgrades include PVC plumbing, renovated kitchens and bathrooms, individual A/C units less than two years old, and recent reroofing. The building also features 11 FPL meters, one for each unit plus a master meter. An established short-term rental business is included in the sale, offering investors a turnkey operating platform with potential for continued income generation. Ideally located near LoanDepot Park (Marlins Park), Brickell, Downtown Miami, major highways, dining, and entertainment. A rare opportunity to acquire a fully renovated, income-producing multifamily asset with significant improvements and an existing rental business. Cap rate and financials subject to buyer verification. Buyer to independently verify occupancy, zoning, permitted uses, and transferability of applicable short-term rental operating rights. DON'T MISS THIS OPPORTUNITY! On Zillow, scroll down to "facts & features", click on "show more", then click "View virtual tour" for your Virtual Interactive Lifestyle Concierge!
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Building Details
- Structure Type: Apartment
- Water Source: Public
- Sewer: PublicSewer
- Construction Materials: Block
- Covered Spaces: 0
- Levels: One
- Number Of Buildings: 1
- Floor covering: Laminate
Amenities & Features
- Parking Features: OnStreet
- Security Features: Fenced
- Roof: Concrete
- Cooling: WallWindowUnits,CentralAir
- Heating: Central
Expenses, Fees & Taxes
- Tax Annual Amount: $27,983
- Tax Year: 2025
Miscellaneous
- List Office Name: Keller Williams Capital Realty
- Listing Terms: Cash,Conventional
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in 1440, 4th St, Miami, FL, 33135 was built in 1947, and is listed at $2,950,000.