Commercial property in Miami, Florida № 2086463

Property description

PRESENTING A 24-UNIT MULTI-FAMILY ASSET WITH STABLE IN-PLACE INCOME AND COMPELLING VALUE-ADD POTENTIAL IN EMERGING MIAMI WORKFORCE HOUSING SUBMARKET…. Offering consistently high occupancy for this balanced mix of (6) 2 Bed/1 Bath and (18) 1 Bed/1 Bath units spread between market-rate and Section 8 tenancies, the property delivers dependable cashflow today with meaningful upside tomorrow via incremental capital improvements and rental growth. Featuring certainty from an up-to-date building recertification, select units have also benefited from interior upgrades including flooring, appliances, kitchens, and bathrooms. Additional features include on-site parking for approximately 11 vehicles, immediate access to mass transit, and coveted garden-style courtyard layout supporting continued modernization of the aesthetic. Positioned on a visible corner location along the path-to-progress NW 54th Street corridor, the asset benefits from excellent connectivity to the broader Miami urban core, providing convenient access between neighboring submarkets as Allapattah, West Little River, Buena Vista, Little Haiti and Midtown.