
18 500 000 US$ USD
Comercial para vender, 931 SW 3rd St, Miami, Flórida 33130, Estados Unidos
- N° MLSA12044485
Listado por Fausto Commercial Realty Consultants Inc
A Propriedade Comercial para venda localizada em 931 SW 3rd St, Miami, Flórida 33130, Estados Unidos está atualmente para venda.931 SW 3rd St, Miami, Flórida 33130, Estados Unidos está listado por18 500 000 US$.
Características do imóvel
Lote/Terreno
- Tamanho do terreno/lote:
8 745 m² (94 134 ft²)
Construção
- Ano de construção: 1947
Descrição
Rare Urban Garden Apartment Community in the Heart of East Little Havana. Spanning 2.16 acres across two
contiguous parcels totaling 79 units and 58,260 SF of building area, this community offers operational scale, enduring land value, & a residential character difficult to replicate in Miami's urban core.
Presenting a rare opportunity to acquire a 79-unit garden apartment community spanning 2.16 acres — an increasingly scarce combination of scale, land, & low-density residential character within Miami's urban core. Originally developed in 1947, the property consists of multiple residential structures in a garden- style setting distinguished by expansive open areas, mature landscaping, and generous green space. The property features a diversified unit mix of 29 two-bedroom residences, 46 one-bedroom residences, and 4 studio apartments, providing broad tenant appeal and durable leasing flexibility. The site's configuration and significant land component create a setting that is increasingly difficult to replicate under today's development conditions. With current in-place gross income of $1,336,754 and pro forma gross income of $1,990,800, the portfolio presents a compelling value- add opportunity with clear rent upside — units currently average below market, offering an investor a 5.93% pro forma cap rate. Residents benefit from convenient access to employment centers while remaining immersed in the culture, dining, and everyday conveniences that define Little Havana.
Localização
931 SW 3rd St, Miami, Flórida 33130, Estados Unidos