201 SW 21st Ct - Apartments FOR SALE


Miami, FL 33135- Little Havana
$1,650,000 USD
305-209-8866
201 SW 21st Ct, Miami, FL for Sale
$1,650,000 USD
Apartments - FOR SALE
1/10
null | 5.05% Cap Rate

201 SW 21st Ct
Miami, FL 33135
Little Havana


HIGHLIGHTS

  • Rare Opportunity to Acquire a Newer Construction 6-Unit Apartment Building in Little Havana, Miami
  • Gut renovated turnkey property
  • 7 parking spaces
  • Brand new roof in 2024
  • Favorable unit mix 2 one-bedroom and 4 studio apartments
  • All units feature mini split A/Cs and stainless steel appliances

OVERVIEW

201 SW 21st Court is located in the Little Havana section of Miami, a short distance from Brickell, the most important financial and commercial district in South Florida. Home to a growing number of international banks and firms, Brickell serves as Latin America’s Financial District and has recently enjoyed a transformation with a booming restaurant, entertainment, and nightlife scene. The property is conveniently nestled blocks away from SW 8th Street (Calle Ocho) the cultural epicenter of the Miami Latin Community and within walking distance to Flagler Street, one of the most important commercial corridors in Miami-Dade County. The excellent location contributes to the high demand for rental units in the area and translates into historically low vacancy rates.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$544 USD /SF

# OF UNITS

6

PRICE/UNIT

$275,000

CAP RATE

5.05%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Javier Ubeda | 305-766-1864

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,001 SF

ZONING

R-3

APN/PARCEL ID

01-4103-014-2370

ASK ABOUT THIS PROPERTY

Arthur PorosoffCompass Florida LLCMore Info
305-209-8866

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Arthur PorosoffCompass Florida LLCMore Info
305-209-8866

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