Miami, FL 33127
sale
$1,350,000
|
Other
Courtesy Of Real Estate Sales Force
5-unit multifamily investment in Miami's Allapattah neighborhood offering in-place income, immediate lease-up upside, and longer-term redevelopment optionality. Four 2BR/1BA units plus a legal detached 2BR/2BA, five separate electric meters, and one vacant unit. Historical T-12: NOI, representing a 6.76% cap at the $1.35M asking price. Approx. 6,534 SF site currently zoned T4-R. Adjacent lot is T5-L, providing a relevant nearby zoning precedent for buyers evaluating future rezoning, mixed-use, workforce housing or Live Local strategies. Near Wynwood, Miami Health District, Downtown, SR-836, I-95, and MIA. Redevelopment potential is subject to independent verification and City approvals.
Read More About This Property
Read Less About This Property
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Amenities: Security System
- Building Units: 5
- Cooling System: Window Unit(s)
- Cooling System: Wall/Window Unit(s)
- Floor Covering: Tile
- Floors: 2
- Legal Description: 26 53 41 EDEN PARK PB 7-29 LOT 22 LESS S5FT TO CITY LOT SIZE 6650 SQUARE FEET OR 16240-4682 0294 1 COC 25209-1975 12 2006 1
- MLSID: A12077917
- Parking Spaces: 10
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$1,750,000
Other
9150 NW 22nd Ave
Miami, FL 33147
Land: 0.39 Acres
Courtesy Of Florida Realty of Miami
sale
$1,750,000
Office
7765 SW 87th Ave 101A
Miami, FL 33173
Courtesy Of BHHS EWM Realty
sale
$1,749,999
Other
500 SW 8th Avenue
Miami, FL 33130
Land: 0.13 Acres
Courtesy Of Sellstate 5 Star Realty
sale
$1,700,000
Other
2250 Palm Ave
Hialeah, FL 33010
Land: 0.22 Acres
Courtesy Of The Keyes Company