Little River Gardens, 8262 NE 1st Ave Miami, 33138

$2,900,000Price
8,898SqFt

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Size: 8,898 ft2 / 827 m2
Price: $326 ft2 / $3,508 m2
Built: 1969
MLS Number: A11693310
On Site: 7 Days
Updated: 6 Days ago
Page Views: 0
Prime investment opportunity! Situated in a vibrant and rapidly developing neighborhood, this 3-story, 12-unit building features a total of 21 bedrooms and 12 bathrooms, offering a mix of spacious living spaces. The property is fully rented, ensuring consistent income and an attractive cap rate (available upon request). Each unit is equipped with central ac, and a common laundry area on-site. The building has a newer roof. This up-and-coming area is experiencing significant growth, with new developments, trendy restaurants, and boutique shops popping up nearby. The area’s continued revitalization promises increasing property values and rental demand, making this an ideal time to invest in a property that’s positioned for long-term appreciation.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Price History
11/13/2024

Date

Listed

Event

$2.9M

Price

$326 ft2 / $3,508 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Maria AchuryNexus International Realty • Buyer Agency Compensation .

Instant Comparative Market Analysis
$200/ft²
$200/ft²
$400/ft²
$600/ft²

Unit 8262 NE 1st Ave – Asking

$326/ft²

(-12%) from Closed Medium $/ft²

Closed Medium $/ft²

$372/ft²
Community $/Price Range (Closed) $303/ft² – $442/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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