750 SW 2nd St
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750 SW 2nd St
12 Unit Apartment Building $5,200,000 ($433,333/Unit) 5.20% Cap Rate Miami, FL 33130
Investment Highlights
- See virtual tour in link provided
- Amazing price point when looking at replacement cost - irreplaceable deal
Executive Summary
Fausto commercial presents a fully operational 2022 amazingly designed 12 unit multifamily building in Little Havana. This modern apartment of 12 Units consist of 4 x one bedroom one bath & 8x two bedroom two bath, includes parking, washer/dryers on site, parking
for all - a hot commodity Amazing neighborhood undergoing swift transition with upward pressure in rents, growth, and attracting urbanists, those looking for short commute times to work, and modern Miami Urban living. With close proximity to Calle Ocho and Brickell’s fine dining, chic shops, sidewalk cafes and picturesque parks. All are a brisk walk away for residents who will be immersed in the vibrant culture of the area. The area's several iconic spots include the Calle Echo, home to the Ball & Chain, Loan Depot Park and Downtown Miami. Since its inception in the late 1800's, Little Havana has been home to tycoons, adventurers, artists, writers and musicians alike with an A-list roster of residents. Come invest in the prosperous neighborhood that is surging in economic heart of the city.
for all - a hot commodity Amazing neighborhood undergoing swift transition with upward pressure in rents, growth, and attracting urbanists, those looking for short commute times to work, and modern Miami Urban living. With close proximity to Calle Ocho and Brickell’s fine dining, chic shops, sidewalk cafes and picturesque parks. All are a brisk walk away for residents who will be immersed in the vibrant culture of the area. The area's several iconic spots include the Calle Echo, home to the Ball & Chain, Loan Depot Park and Downtown Miami. Since its inception in the late 1800's, Little Havana has been home to tycoons, adventurers, artists, writers and musicians alike with an A-list roster of residents. Come invest in the prosperous neighborhood that is surging in economic heart of the city.
Property Facts
Price | $5,200,000 | Building Class | B |
Price Per Unit | $433,333 | Lot Size | 0.34 AC |
Sale Type | Investment | Building Size | 10,578 SF |
Cap Rate | 5.20% | Average Occupancy | 100% |
No. Units | 12 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 2021 |
Property Subtype | Apartment | Parking Ratio | 1.42/1,000 SF |
Apartment Style | Low Rise |
Price | $5,200,000 |
Price Per Unit | $433,333 |
Sale Type | Investment |
Cap Rate | 5.20% |
No. Units | 12 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | B |
Lot Size | 0.34 AC |
Building Size | 10,578 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 2021 |
Parking Ratio | 1.42/1,000 SF |
Unit Amenities
- Air Conditioning
- Kitchen
Site Amenities
- Gated
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 4 | - | - |
2+1 | 8 | - | - |
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Walk Score ®
Very Walkable (88)
Transit Score ®
Excellent Transit (82)
PROPERTY TAXES
Parcel Number | 01-0202-020-1080 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $2,299,000 |
PROPERTY TAXES
Parcel Number
01-0202-020-1080
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,299,000
zoning
Zoning Code | T4-R (Residential Multi-Family) |
T4-R (Residential Multi-Family) |
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750 SW 2nd St
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