403 SW 12th Ave - Apartments FOR SALE


Miami, FL 33130
$1,749,000 USD
786-554-3626
403 SW 12th Ave, Miami, FL for Sale
$1,749,000 USD
Apartments - FOR SALE
1/47
null | 6.22% Cap Rate

403 SW 12th Ave
Miami, FL 33130


HIGHLIGHTS

  • Central location near downtown Miami, Brickell Financial District and Famed Calle Ocho- Great walkability
  • T5O Commercial Zoning Work-Live and Transient -Legal short term rentals
  • New Certificate of Occupancy 2024
  • New Central AC in all units
  • Laundry inside all units
  • Impact Windows and Doors

OVERVIEW

New. Impeccably restored building in the heart of Miami’s Little Havana neighborhood. T5O Work-Live & Transient Zoning. Operate a Legal short term rental. The building has four units, 2 beds + Den- 1 bath each, new Certificate of Occupancy, four (4) electrical meters, a Total of 8 bedrooms + 4 Dens, 4 Bathrooms, One main water meter, new electric and panels 600 Amps, new plumbing, new central Air conditioners on all units, impact windows and doors, new drywall throughout the building and insulation, new custom kitchens with quartz counters, new bathrooms, new paint throughout. The property also has a privacy fence and a professionally landscaped yard. The property is located near Downton Miami and Brickell Financial District walking distance to Calle Ocho, restaurants & entertainment, places of worship, Walgreens, CVS, Publix, schools, parks and world class shopping with easy access to transportation. Unique opportunity to acquire a fully renovated multifamily in the heart of Little Havana.

FOR SALE DETAILS

PRICE

$1,749,000 USD

PRICE/SF

$496 USD /SF

# OF UNITS

4

PRICE/UNIT

$437,250

CAP RATE

6.22%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

T5-O

APN/PARCEL ID

01-4102-005-4100

ASK ABOUT THIS PROPERTY

Claudia Del ToroCervera Real EstateMore Info
786-554-3626

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Claudia Del ToroCervera Real EstateMore Info
786-554-3626

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