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Gelfand Realty Miami Properties for Sale - Income/MultiFamily for Sale

626 NW 11TH AVE, MIAMI, FL 33136

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Income/MultiFamily - for Sale

626 NW 11TH AVE, MIAMI, FL 33136

Asking Price$6,500,000

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  • Days on market:

    353 day(s)

  • Original Price:

    $6,500,000

  • Tax Legal Description:

    LAWRENCE ESTATE LAND COS SUB PB 2-46 S46FT LOTS 1 & 2 BLK 2 LOT SIZE 46.000 X 100 OR 16764-2735 0495 1 COC 22668-2149 09 2004 1

  • Property Type:

    Income/MultiFamily

  • Special Listing Conditions:

    Sale

Description

$6,500,000

Plum a new construction co-living building in riverside/little havana. this innovative living modality allows you to deliver newly built, high quality, beautifully designed and appointed housing options at pricing well below anything in the market. this building is designed for the missing-middle, the typical millennial or younger making $75k-150k, who has no other viable attractive rental options. this means you’ll never suffer a lack of tenants and can expect robust demand and long term rent growth. twelve 3/3s; totaling 36 rentable individual semi-autonomous bedrooms. riverside is one of miami’s most attractively developing neighborhoods. riverside runs adjacent to the miami river, north of little havana and just west of downtown and brickell.

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