



Asking
$2,750,000
BTC
32.596
ETH
1,475.10
Home Size
8,340 sq. ft.
Year Built
1968
This fully renovated 12-unit multifamily property is located in Miami's thriving Little River submarket and presents a prime investment opportunity. All units have undergone extensive upgrades, including a new roof,hurricane-impact windows, modern electrical systems, and a fully remodeled kitchen and bathroom making the property turnkey and minimizing maintenance costs. The property has ample parking available and the site plan has been approved for an eight-unit building.
The property generates a net operating income (NOI) of $198,000, and yields a robust capitalization rate of 7.19% at the asking price. Its strong financial performance and prime Little River location present an opportunity for investors seeking stable returns in a rapidly appreciating area.
LOADING
Location
Market Area
Miami-Dade
Neighborhood
FOREST PARK
Agent
Alfredo Riascos
+1 310 910 1722