Miami, Florida 33127
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$1,350,000

Commercial for Sale, Miami, Florida 33127

  • MLS#A12077917

Listed By Real Estate Sales Force

The Commercial Property for Sale located at Miami, Florida 33127 is currently for sale.

Date Updated : Sep 22, 2026

Description

5-unit multifamily investment in Miami's Allapattah neighborhood offering in-place income, immediate lease-up upside, and longer-term redevelopment optionality. Four 2BR/1BA units plus a legal detached 2BR/2BA, five separate electric meters, and one vacant unit. Historical T-12: NOI, representing a 6.76% cap at the $1.35M asking price. Approx. 6,534 SF site currently zoned T4-R. Adjacent lot is T5-L, providing a relevant nearby zoning precedent for buyers evaluating future rezoning, mixed-use, workforce housing or Live Local strategies. Near Wynwood, Miami Health District, Downtown, SR-836, I-95, and MIA. Redevelopment potential is subject to independent verification and City approvals.

Location

Miami, Florida 33127

Miami, Florida 33127

Property features

Lot/Land

  • Land/Lot size: 607 m² (6,534 ft²)

Construction

  • Year built: 1937

Parking/Garage

  • Parking description: Assigned

Interior Features

  • Floors: Tile

Security

  • Features: Smoke Detector

Heating and Cooling

  • Cooling System: Wall Or Window Units

Utilities

  • Other utilities: Public