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Income/MultiFamily - for Sale

1335 SW 4TH ST, MIAMI, FL 33135

Sold Price$3,455,000 Asking Price$3,590,999

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  • Days on market:

    77 day(s)
  • Original Price:

    $3,600,000
  • Tax Legal Description:

    LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 16 BLK 89 LOT SIZE IRREGULAR OR 12025-2156 1183 1 COC 21875-4977 12 2003 4
  • Property Type:

    Income/MultiFamily
  • Lease Term Remaining:

    Annual Lease
  • Heating Description:

    Central Individual A/C
  • Special Listing Conditions:

    Sale

Description

$3,590,999

Turnkey investment—ideal for hands-off investors or an owner-occupant looking to live in one unit and rent the rest. newly built and fully occupied 12-unit multifamily in little havana, grossing nearly $300k annually. low insurance premiums due to new construction. special zoning program to increase densities; 3 units must be rented to section 8 tenants, with no rent caps. unit mix: 4 two-bedrooms, 3 one-bedrooms, 5 studios. prime location near brickell, downtown, coral gables, and the civic center. rapidly transitioning area with rising rents and strong tenant demand.

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