6803 NW 3rd Ave | Miami, FL 33150
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
6803 NW 3rd Ave
Miami, FL 33150
Multifamily Property For Sale · 4 Units
Investment Highlights
- Value add potential opportunity, property located in Little Haiti, just off I-95 Highway, with easy access to Upper East Side, Miami Shores
- Rent rates are well below market, with all 2 Bedroom units currently rented between $1,000 and $1,500
- Great unit mix of four (4) units with 2 bedrooms and 1 bathroom unit, averaging 819 +/- sq ft.
- 50% seller financing available
Executive Summary
Value add potential opportunity, property located in Little Haiti, just off I-95 Highway, with easy access to Upper East Side, Miami Shores, Buena Vista, Wynwood and Downtown. Conveniently situated just 4 blocks away from I-95 Highway and 5 minutes from NW 79th Street (934). Charming two-story building/product with tremendous add value potential. Great unit mix of four (4) units with 2 bedrooms and 1 bathroom unit, averaging 819 +/- sq ft. Rent rates are well below market, with all 2 Bedroom units currently rented between $1,000 and $1,500. Proximity to Edison Plaza, Little River Retail, and Riley Shopping Center. Edison Plaza is 0.8 miles away, and Little River Retail is within a 22-minutes walk. | *** 50% seller financing available | Call EJ Martinez for more information or appointments: (305) 546-2515 (m).
PROPERTY FACTS
| Price Per Unit | $221,250 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 3,276 SF |
| Cap Rate | 4.73% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1926 |
| Property Subtype | Apartment | Parking Ratio | 1.83/1,000 SF |
| Apartment Style | Low Rise | Opportunity Zone |
Yes
|
| Building Class | C |
| Price Per Unit | $221,250 |
| Sale Type | Investment |
| Cap Rate | 4.73% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,276 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1926 |
| Parking Ratio | 1.83/1,000 SF |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 01-3113-023-1100 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $197,378 |
PROPERTY TAXES
Parcel Number
01-3113-023-1100
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$197,378
zoning
| Zoning Code | T3-O (Open or Duplex) |
| T3-O (Open or Duplex) |
Learn More About Investing in Apartment Buildings
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
