1991 NW 32nd Ave - Apartments FOR SALE


Miami, FL 33125- Little Havana
$2,000,000 USD
305-340-8901
1991 NW 32nd Ave, Miami, FL for Sale
$2,000,000 USD
Apartments - FOR SALE
1/34
null | Request Cap Rate

1991 NW 32nd Ave
Miami, FL 33125
Little Havana


HIGHLIGHTS

  • Within walking distance to Inter Miami CF stadium, 58-acre public park, and entertainment district at Miami Freedom Park
  • Strategically located to the bustling Miami Intl Airport, Wynwood, Downtown, Brickell and several other employment centers
  • All tenants are month-to-month

OVERVIEW

Extraordinary investment opportunity in West Allapattah along the NW 20 ST corridor, boasting an exceptional 1960s CBS construction that is surely hurricane proof. This eight-unit apartment building, situated on a generous 7,393 SF lot zoned T3-L, is irreplaceable given the inferior zoning. Each apartment features a well- designed floor plan with one bedroom and one bath, providing consistency and ease of management. Within walking distance to Inter Miami CF stadium, 58-acre public park, and entertainment district at Miami Freedom Park scheduled to open in 2025. This is a year-round destination spot. The recreational project will also include a new 58-acre public park that will be the largest new park in Miami, soccer and youth athletic fields for the community, a full range of entertainment and commercial offerings including office space, hotel, shops, restaurants and additional experiences and attractions for residents. Strategically located to the bustling Miami Intl Airport, Wynwood, Downtown, Brickell and several other employment centers, residents will be motivated to live in this centric and thriving neighborhood that is gaining traction in the vibrant and culturally diverse city that is undergoing a massive transformation. Investing in this area presents an extraordinary opportunity to capitalize on the remarkable surge of growth and development sweeping through the region. Seize the chance to become a part of this flourishing community and secure a promising investment for your portfolio. Reach out to us now to explore this remarkable property further and unlock the potential it holds for you.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$531 USD /SF

# OF UNITS

8

PRICE/UNIT

$250,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

T3 L

APN/PARCEL ID

01-3133-006-0010

ASK ABOUT THIS PROPERTY

Mauricio VillasusoFausto Commercial Realty ConsultantsMore Info
305-340-8901

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Mauricio VillasusoFausto Commercial Realty ConsultantsMore Info
305-340-8901

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