Property Description

7-unit apartment building located in the booming area of Little Havana within close proximity to Downtown Miami and Brickell. Fully renovated building with new kitchens, updated plumbing and electrical systems. The property is a true turnkey asset with no deferred maintenance and perfect for an out of state investor looking for passive income or an experienced operator looking to add to its portfolio. Key upgrades include impact windows, a new standing seam metal roof, modern interiors with terrazzo floors and walk-in showers, and brand-new kitchens outfitted with new cabinets and stainless steel appliances. Great turn key investment opportunity at an above 6% cap.

Situated in a growing South Florida residential area with over 86,000 people and average household incomes exceeding $107,000 within a 1-mile radius, the property benefits from easy access to 8th & 7th Streets, West Flagler, and I-95, offering strong proximity to downtown. Priced below replacement cost and designed for easy, low-touch management, it presents an attractive value-add opportunity.

Features
Cooling System
Parking Features
Roof:
Metal
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33130
Street:
620 Sw 6th Ave, Miami, Florida 33130
Longitude:
W81° 47' 43.9''
Latitude:
N25° 46' 3.4''
MLS Addon
Building Area:
2,399 Sqft
DOM:
1
Flooring:
Terrazzo
Internet Address Display:
1
Internet Listing Display:
1
Parcel Number:
01-02-04-040-1030
Structure Type:
Apartment
Tax Annual Amount:
$24,555
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Commercial Sale For Sale

620 Sw 6th Ave, Miami, Florida 33130, Miami, Florida 33130

7,500 Sqft
$1,750,000
MLS # #A12073081
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$1,750,000
Year Built :
1950
Lot Area :
7,500 Sqft
MLS # :
A12073081
Property Sub Type :
Multi Family
Agent info
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