437 NE 30th St - Apartments FOR SALE


Miami, FL 33137- Edgewater
$3,500,000 USD
786-285-7739
437 NE 30th St, Miami, FL for Sale
$3,500,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

437 NE 30th St
Miami, FL 33137
Edgewater


HIGHLIGHTS

  • Property is an two-story building, totaling 7 living units in a 5,500 square feet lot size.
  • Favorable T6-36a (L) zoning designation allows up to 66,000 buildable square feet and 18 units.
  • Perfectly located next to Biscayne Blvd., 15-minute drive to Miami Airport, and 5-minute drive to Design District, Wynwood, Brickell.

OVERVIEW

Subject property is an two-story building, totaling 7 living units in a 5,500 square feet lot size, according to the  Miami Dade Property Appraiser. Property is located in a premium and highly sought after neighborhood which continues to grow, Edgewater; that includes the most successful projects in unit sales in recent years, besides Brickell and Downtown. Units are leased in a month-to-month basis, offering flexibility for future ownership plans. Favorable T6-36a (L) zoning designation allows up to 66,000 buildable square feet and 18 units, plus the possibility of adding up to 40% of Floor Lot Ratio (FLR) via public benefit. Perfectly located next to Biscayne Blvd., 15-minute drive to Miami Airport, and 5-minute drive to the booming areas of Design District, Wynwood, Brickell and Downtown Miami, property offers excellent connectivity to all major Miami hotspots.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$670 USD /SF

# OF UNITS

7

PRICE/UNIT

$500,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1918

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

T6-36a-L

APN/PARCEL ID

01-3230-013-0670

ASK ABOUT THIS PROPERTY

Joel RodriguezGlobal Investments Realty, Inc.More Info
786-285-7739

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Joel RodriguezGlobal Investments Realty, Inc.More Info
786-285-7739

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