3,544SqFt
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Details
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Status:
Active
Size: 3,544 SqFt (329 m2)
Price: $353/SqFt ($3,797/m2)
Type: Multi Family
Built: 1969
MLS Number: A11993310
On Site: 4 Days
Updated: 4 Days ago
Page Views: 0
This 1969 Four-plex Is Situated On A Prime Corner Lot, Offering A High-yield, Turnkey Acquisition For Investors Targeting One Of Miami’s Most Resilient Rental Sub-markets. The Building Consists Of Four Spacious 2-bedroom, 1-bathroom Units, Featuring A Private And Functional Layout Of Two Units Per Floor. The Asset Has Been Significantly De-risked With Major Capital Improvements, Including A New Roof (2025), A Completed 40-year Recertification, And On-site Laundry Facilities. Each Unit Is Equipped With Individual Mini-split Ac Systems, Allowing For Decentralized Maintenance And Efficient Utility Management. the Property Presents A Compelling Value-add Opportunity, As Current Rents Sit Significantly Below The Local Market Average. With A Current Monthly Gross Of $5,500 And A Conservative Pro Forma Potential Of $8,400/mo, An Investor Can Realize An Immediate Increase In Noi Through Lease Renewals And Minor Cosmetic Updates. The Building's Cbs Construction And Placement On A 5,300 Sf Lot—zoned R-3-5 (high-density)—provides Both Immediate Cash Flow And Long-term Land Value Appreciation. strategically Located Just Minutes From Miami International Airport, The Okeechobee Metro-rail Station, And Palm Avenue Corridor, This Property Caters To A Stable Workforce And A Growing Population Of Young Professionals. This Is An Ideal Asset For A Portfolio Growth Play In A Neighborhood Where Vacancy Remains At Historic Lows.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Fence, Lighting, StormSecurityShutters
      Interior, Heating and Cooling
      • Heating Description: Electric,HeatPump
      • Cooling Description: Electric, WallWindowUnits
      Building and Construction
      • Floor Description: Terrazzo
      • Year Built: 1969
      • Year Built Description: Resale
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2026-04-02T11:25:52.000-00:00
        Taxes, Fees & More
        • Taxes: 11990
        Apples-to-Apples Comparables
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        Price History
        04/01/2026
        Date
        Listed
        Event
        $1.3M
        Price
        $353 ft2 / $3,797 m2
        Price Per
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Mauricio VillasusoFausto Commercial Realty Consultants Inc • Buyer Agency Compensation .
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