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- LoopNet Team
4325 NW S Tamiami Canal Dr
Miami, FL 33126
MIA Airport Villas · Multifamily Property For Sale · 90 Units
Investment Highlights
- Multiple Use - Operate +90-multifamily units, convert to 90-key all suite product or ±200- hotel keys, etc.
- Miami Freedom Park $1 billion development 300-yards away
- Closest buildings to Miami International Airport which Approved a $5 billion expansion/renovation
PROPERTY FACTS
| No. Units | 90 | Building Size | 63,600 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built/Renovated | 1972/2013 |
| Building Class | B | Parking Ratio | 1.71/1,000 SF |
| Lot Size | 1.86 AC |
| No. Units | 90 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 1.86 AC |
| Building Size | 63,600 SF |
| Average Occupancy | 98% |
| No. Stories | 3 |
| Year Built/Renovated | 1972/2013 |
| Parking Ratio | 1.71/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- High Speed Internet Access
- Satellite TV
- Oven
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Wi-Fi
- Patio
Site Amenities
- Fenced Lot
- Fitness Center
- Laundry Facilities
- Pool
- Property Manager on Site
- Gated
- Grill
- Community-Wide WiFi
- Elevator
- Maintenance on site
About 4325 NW S Tamiami Canal Dr , Miami, FL 33126
Highlights • Fee Simple • 90 units on 1.8+ acre site surrounded on three sides by Miami International Airport • Unencumbered of Management • Opportunity to acquire an asset and reposition the existing use for hotel, resulting in one of the lowest price per key basis in Miami • Location surrounded by $6 billion of future redevelopment ($5 billion MIA expansion & 1 billion development of Miami Freedom Park, future home of Inter Miami CF, a newly introduced franchise of Major League Soccer by David Beckham) • Continued growth of Miami International Airport provides for strong demand for the market with the record-breaking year 2019, during which MIA served $45 million passengers • Various development possibilities including: o Multi-family (90+/- units) o All-suite hotel (90 - 125 +/- suites) o Branded select service hotel (200+/- keys) o Independent contract hotel (200+/- keys) o Hostel Model
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 65 | - | 680 |
| 2+1 | 24 | - | 750 - 780 |
| 2+2 | 1 | - | 680 |
PROPERTY TAXES
| Parcel Number | 01-3132-014-1240 | Improvements Assessment | $10,850,000 |
| Land Assessment | $4,050,000 | Total Assessment | $14,900,000 |
PROPERTY TAXES
zoning
| Zoning Code | T5-L |
| T5-L |
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