8 Units & Vacant lot
Multi-Family Property in the heart of Allapattah
Two Buildings, 4 Units in each & 4,440 Lot
New Impact Windows
Updated Kitchens & Baths
Current Cap: 5.2% / Pro-Forma: 6%
51 Unit Building
48,630 sq ft
Cap Rate: 8%+
Fully-occupied multi-family property consisting of 51
(2 Bedroom 1 Bath) units.
Recent upgrades completed in 2014/2015.
Long term tenants. Section 8 approved.
48,630 sqft building sitting on a 62,138 sqft lot.
RENTS CAN BE SLIGHTLY INCREASED.
PROPERTY HAS NO LIENS OR VIOLATIONS.
READY TO CLOSE IN 30 DAYS.
SHORT DUE DILIGENCE PERIOD AND $50K ESCROW REQUIRED.
(Not on the MLS)
SHOWING SOON PLEASE RSVP
BEST AVAILABLE PRICE PER UNIT
3 Studios & 2 – 1/1’s
2,104 Sq Ft
3,303 Sq Ft Lot
Located in Hollywood Beach east of A1A
Steps to the famed Hollywood Boadwalk & close to all the Happenings!
Best available price per unit in “Hollywood Beach” subdivision
Just mins to Margaritaville & the ideal location for AirBnB.
Currently used as seasonal vacation rentals
3 Units are Studios & 2 are 1/1.
Highly desirable area…Always rented!!
24 W 38th St Jacksonville, FL
Sale Comps $3,300,000 – $3,500,000
Rental Comps $33,800 – $36,400
Size 43316 sq. ft.
ONLY $41,000 a Door
One of the Strongest Rental Markets in Miami-Dade County
Close to Major Public Transportation
Walking Distance to Brickell City Center, Downtown Miami, Miami River
Walk Score 90
One block from each other
Great for Future Re-development
Current Cap: 4.5%
380 Sw 4 St – 18 Units – All 1/1
501 Sw 4 Ave – 11 Units – 9- 1/1 & 2- 2/1
Major development opportunity for investor.
All in one package deal on US1
South Dixie HWY and 248 ST.
Property includes 2.62 Acres of land,
a building of 5,426 Sq Ft, with 2 businesses,
a meet market and grocery store,
both family owned businesses for 40 years.
Both business are very profitable and sustainable.
Business and property are facing US1 major road,
drive in customers every day. Ample parking and much more….
Zone PUCU Princeton Urban Center
Rented Long Term Tenants