1785 SW 13th St - Apartments FOR SALE


Miami, FL 33145- Coral Way
$3,500,000 USD
786-261-5393
1785 SW 13th St, Miami, FL for Sale
$3,500,000 USD
Apartments - FOR SALE
1/46
null | 5.24% Cap Rate

1785 SW 13th St
Miami, FL 33145
Coral Way


HIGHLIGHTS

  • Extensive renovations done within the last 12 months
  • Roof replaced in 2021
  • 40 year certification done in 2018
  • PRIME Location, few blocks from calle ocho, the roads, and just west of Brickell
  • Extremely Low Vacancy Rate
  • MOTIVATED SELLERS

OVERVIEW

Introducing **1785 SW 13th St**, a lucrative investment opportunity in the heart of vibrant Little Havana, Miami. This 12 unit building features 1 bedroom and 1 bathroom, along with a spacious living room, dining area, and kitchen with double-height ceilings. The building has undergone significant renovations, including updated plumbing, electrical systems, a new roof installed in 2021, and newer wall-mounted A/C units. The 40-Year Recertification was successfully completed in 2018. This is a turn key investment for those who are averse to doing massive capital projects. The location is itself an amazing urban amenity being just a few blocks from famous Calle Ocho. With accessibility and connectivity to Brickell, Downtown, the Health District, 836 HWY to Miami Beach and with this comes fine dining, chic shops, sidewalk cafes and picturesque parks, all are a brisk walk or drive away for residents who will be immersed in the vibrant culture of the area. Little Havana has been home to tycoons, adventurers, artists, writers, and investors have taken notice that this is the heart of the city. Investing in this area presents an extraordinary opportunity to capitalize on the remarkable surge of growth and development sweeping through the region. Reach out to us now to explore this remarkable property further and unlock the potential it holds for you. BRING ALL OFFERS.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$393 USD /SF

# OF UNITS

12

PRICE/UNIT

$291,667

CAP RATE

5.24%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

T3-R-SUBURBAN ZONE

APN/PARCEL ID

01-4110-064-0480

ASK ABOUT THIS PROPERTY

Robin PerezFausto Commercial Realty ConsultantsMore Info
786-261-5393

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Robin PerezFausto Commercial Realty ConsultantsMore Info
786-261-5393

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.