








USD 1,875,000
Miami, Florida 33136
For Sale
Property Description
APEX Capital Realty is proud to present a fully renovated 12-unit multifamily building, just west of I-95 near Downtown Miami. 100% occupancy and all tenants have been paying rent throughout the COVID pandemic. Spacious unit mix included six (6) 1/1’s and six (6) 2/1’s with each unit being between 500-650 Square Feet. Gross Operating Income of $150,000+. Operating expenses, including adjusted real estate taxes, are roughly $33,000 per year, leaving approximately $117,000 of NOI per year. The property received its 40-year re-certification from the City at the end of 2019. There is upside to an investor on market rate adjusted rents. The property is positioned in a great area in relation to the growth and development within the City of Miami.
Listed by APEX Capital Realty LLC
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Property Details
- ID #
- A10969048
- Status
- Sale
- Type
- Commercial, Industrial
- Zip Code
- 33136
- Year Built
- 1959
- Occupancy
- Call Listing Agent
- Type of Building
- Residential-Multi-Family
- Zoning Information
- 6101
Miguel Pinto
901 NE 79th Street
Miami, Florida
Mobile: +1 305-632-2575
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