Miami, FL

8057 NE 1st Ave, Miami FL 33138

1525 SF LIVING AREA
$3,010,000

Key Details

Status
Active
Property Type
Duplex
Year Built
1925

Overview

Exclusive opportunity to acquire a stabilized multifamily portfolio in Miami's sought-after Little River with ample parking and under-market rents. The portfolio offers 9 units with a mix of 2 bed/1 bath and 1 bed/1 bath on four separate lots. Currently, the property has virtually 0 vacancies and offers positive cash flow. Additionally, the portfolio is ideal for multifamily operators, investors, and developers. On the four lots up to 73 units can be developed. The portfolio is located in Miami's Little River and close to some of the most important thoroughfares and easy access to the most important neighborhoods such as Midtown, Wynwood, Edgewater, Miami Beach, El Portal, and Miami Shores.

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