Commercial Real Estate /FL /Miami /
Commercial Real Estate /FL /Miami /

Calle Ocho Multifamily and Retail FOR SALE


Miami, FL - Little Havana | 
$8,100,000 USD
305-209-8866
, Miami, FL for Sale
$8,100,000 USD
FOR SALE
1/7
null | 5.02% Cap Rate
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Calle Ocho Multifamily and Retail
Miami, FL
Little Havana

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HIGHLIGHTS

  • Rare opportunity to acquire 4 retail + 23 apartments units on World Famous Calle Ocho (SW 8th Street)
  • In-place Net Operating Income of $406,000 with significant upside in rental income
  • 100% occupied
  • 23 parking spaces (1 per unit) and on-site laundry facility
  • 27,300 sq ft of land with liberal zoning T-6 and T-5 - 67 apartment units plus ground floor retail buildable as-of-right
  • 40/50 Year Recertifications completed

OVERVIEW

Calle Ocho Multifamily and Retail - Future Redevelopment Potential - In-Place NOI $406,000 with 27,300 Sq Ft of Land - Retail + 23 Apartment Units

ASK ABOUT THIS PROPERTY

Arthur PorosoffCompass Florida LLCMore Info
305-209-8866

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Arthur PorosoffCompass Florida LLCMore Info
305-209-8866

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