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Income/MultiFamily - for Sale

2052 SW 1ST ST, MIAMI, FL 33135

Sold Price$15,000,000 Asking Price$16,000,000

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  • Days on market:

    76 day(s)
  • Original Price:

    $16,000,000
  • Tax Legal Description:

    IDLEWILD PARK PB 2-87 LOTS 1 & 2 LESS ST BLK 51 LESS W5FT & EXT AREA OF CURVE IN NW COR FOR R/W LOT SIZE 11740 SQ FT M/L
  • Property Type:

    Income/MultiFamily
  • Special Listing Conditions:

    Sale

Description

$16,000,000

Fausto commercial presents this 2023 construction 43 unit apartment building in west little havana. featuring 29 generously sized 2 bedroom units, and 14-one bedroom units, parking on site and supplemented by an adjacent lot being included as well with the sale, washer/dryer units on each floor, and sub-metered individual water meters. the adjacent lot will provide 11 spaces for parking in the future. this is a turn key investment for those who are averse to doing massive capital projects. at $275/sf per the asking price, you can’t rebuild this impeccable building today or in the future. the location is itself an amazing urban amenity being just one block from the publix supermarket.
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