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Multifamily

211 SW 18th Ave

211 SW 18th Ave, Miami, FL 33135

Listing Price: $3,150,000

Cap Rate
4.79%
Number of Units
18
Occupancy
97.0%
Price/Unit
$175,000
Price/Gross SF
$439.70
Gross SF
7,164

Investment Overview

Marcus & Millichap, as exclusive listing broker, is pleased to offer for Sale, 211 SW 18th Avenue, Miami, Florida an *18-unit apartment building. The property underwent recent renovations on several of the units and most of those units rented to voucher tenants from a variety of programs including Section 8 and Citrus Housing. The Property was built in 1949 and consists of one one-story building situated on a 0.45-acre lot zoned T5-R. There are 17 one-bedroom / one-bathroom apartment units and one two-bedroom / one-bathroom unit of approximately 421 square feet. The property offers off-street parking and a central courtyard. The Property is within walking distance from public transportation, commercial and retail stores on Flagler Street, Sedano’s Supermarket, Publix Supermarket, Walgreens, LoanDepot Park, Citrus Grove Middle School and Citrus Grove Elementary School, Jackson Memorial Hospital and the Hospital District. In addition, it provides convenient access to major thoroughfares such as Dolphin Expressway and Interstate-95. *One Non-Conforming Unit

Investment Highlights

  • Seller Financing Available for a Qualified Buyer
  • One-bedroom / One-bathroom Units & Two-bedroom / One-bathroom unit
  • Excellent Little Havana Location
  • Walking Distance from Flagler Street, 17th Avenue and LoanDepot Park.
  • Updated Units

Exclusively Listed By

Listing Price: $3,150,000

Cap Rate
4.79%
Number of Units
18
Occupancy
97.0%
Price/Unit
$175,000
Price/Gross SF
$439.70
Gross SF
7,164

Investment Highlights

  • Seller Financing Available for a Qualified Buyer
  • One-bedroom / One-bathroom Units & Two-bedroom / One-bathroom unit
  • Excellent Little Havana Location
  • Walking Distance from Flagler Street, 17th Avenue and LoanDepot Park.
  • Updated Units

Investment Overview

Marcus & Millichap, as exclusive listing broker, is pleased to offer for Sale, 211 SW 18th Avenue, Miami, Florida an *18-unit apartment building. The property underwent recent renovations on several of the units and most of those units rented to voucher tenants from a variety of programs including Section 8 and Citrus Housing. The Property was built in 1949 and consists of one one-story building situated on a 0.45-acre lot zoned T5-R. There are 17 one-bedroom / one-bathroom apartment units and one two-bedroom / one-bathroom unit of approximately 421 square feet. The property offers off-street parking and a central courtyard. The Property is within walking distance from public transportation, commercial and retail stores on Flagler Street, Sedano’s Supermarket, Publix Supermarket, Walgreens, LoanDepot Park, Citrus Grove Middle School and Citrus Grove Elementary School, Jackson Memorial Hospital and the Hospital District. In addition, it provides convenient access to major thoroughfares such as Dolphin Expressway and Interstate-95. *One Non-Conforming Unit

Exclusively Listed By

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