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8,019SqFt
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Status:
Sold - Aug 22, 2025
Size: 8,019 SqFt (745 m2)
Price: $461/SqFt ($4,967/m2)
Type: Multi Family
Built: 1914
MLS Number: A11793460
On Site: 301 Days
Updated: 184 Days ago
Page Views: 0
High-performing 20-unit Multifamily Asset In The Heart Of Little Havana Generating $339,480 In Gross Annual Rent & $227,776 In Noi. Strong In-place Income With Plenty Of Upside—current Rents Are Below Section 8 Levels, Offering Immediate Value-add Potential Through Rental Increases. Other Features: Newer Roofs, Upgraded Pvc Plumbing, & A History Of Consistent 100% Occupancy. Unit Mix: (1) 1-bed/2-bath, (14) 1-bed/1-bath, (4) 2-bed/1-bath, & (1) 2-bed/2-bath. Priced At Just $195,000 Per Unit—rare For Little Havana With This Level Of Stabilized Income. 40-year Recertifications Have Been Completed. Attachments Include The Current Rent Roll, 2024 Operating Statement, & Certification Reports. Freddie Mac Loan Is Assumable With A 3.83% Interest Rate, Approx. $1,735,000 Balance, & 2030 Maturity.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Laminate
        • Windows/Treatment: Blinds
        • Year Built: 1914
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-04-30T14:06:37.000-00:00
          Taxes, Fees & More
          • Taxes: 47732
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          Price History
          08/22/2025
          Date
          Sold
          Event
          $3.7M
          Price
          0%
          Change Rate
          $461 ft2 / $4,967 m2
          Price Per
          04/30/2025
          Date
          Price Reduced
          Event
          $3.7M
          Price
          -5.13%
          Change Rate
          $461 ft2 / $4,967 m2
          Price Per
          04/30/2025
          Date
          Listed
          Event
          $3.9M
          Price
          $486 ft2 / $5,235 m2
          Price Per
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Oscar Arellano • BHHS EWM Realty • Buyer Agency Compensation .
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