Brickell Riverview Multifamily Homes For Sale

Exceptional opportunity to acquire a fully renovated legal 5-unit multifamily property in the heart of little havana. Featuring a desirable mix of spacious 3/1 and 2/1 units, the property has been thoughtfully updated with modern finishes and upgraded systems, minimizing maintenance and maximizing tenant appeal. Ideally located just minutes from downtown and brickell also to mention its close to the miami river, this turn-key asset offers immediate cash flow with strong rental demand and long-term upside in one of miami’s most dynamic rental markets. Financing options are now available.

Alerio group is proud to exclusively present 329 sw 9th st street, a boutique 4-unit multifamily property located in the heart of little havana. This meticulously maintained asset features four 2-bedroom, 1-bath units, currently rented at $2, 250 x 2 and 2x @ $2275, delivering high in-place income at a 5.5% cap rate with upside potential. The property has undergone extensive upgrades both inside and out. All of the unit interiors have been fully remodeled and include impact windows, a new roof, central air conditioning in all units, six on-site parking spaces, new asphalt paving, a new fence including dumpster enclosure, and new railings. All work was done with permits. Additional income is generated through on-site coin-operated laundry (1 new washer / 1 dryer). Designed for ease of ownership, this low-maintenance building is simple to manage and offers the ability to further increase rents. All tenants are secured with annual leases except one mtm lease. Located in one of the strongest rental markets in the country, this little havana multifamily asset offers durable cash flow, inflation resistance, and long-term appreciation potential. This offering will not last.

Miami investor opportunity: the "dual play" strategy! Play 1: development potential this property features versatile t4-r multifamily zoning, offering incredible flexibility for: multi-family housing, two-family residences community residences, ancillary dwelling units (adus), potential for additional units through workforce programs! Play 2: immediate tax strategy maximize your cash flow from day 1! By utilizing cost segregation, residential property owners can often recoup up to 40% of their building’s cost within just the first 5 years through accelerated depreciation! This is more than just a listing; it’s a blueprint for building wealth in one of miami’s most dynamic neighborhoods.