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Dennis Lue Yat

dennis@luxeiq.com +1(561) 589-1400

$1,285,000

Est. payment - /mo

3,240 SqFt

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,240 sqft

Price per Sqft $396

MLS Listing ID A12041998

HOA Y/N No

Year Built 1959

Annual Tax Amount $10,731

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Multi Family

Property Description

Prime investment opportunity in East Little Havana — this well-maintained 5-unit (6 Bed / 5 Bath) multifamily property offers exceptional walkability to Downtown Miami, Jose Marti Park, Brickell, the Miami River District, and the vibrant heart of Calle Ocho. The two-story building features on-site parking (five private spaces with room for expansion), a permitted shingle roof under 10 years old, newer permitted railings, upgraded corridor flooring, newer A/C units (2019–2023), copper and PVC plumbing, updated electrical with separate meters, and several remodeled units. Units are rented month-to-month, providing immediate income with flexibility for repositioning. The property has been owned by the same family since construction, offering a rare opportunity to acquire a stable, long-held asset in a high-growth area. The four 1/1 units are Tenant occupied and the one 2/1 unit is being used by the Owner. With strong management and 100% occupancy, the property could generate a much higher net operating income.

Location

State FL

County Miami-dade

Area 2410

Zoning 3900

Interior

Interior Features InteriorFeatures

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Flooring Other, Tile

Fireplace No

Exterior

Parking Features Common, Other

Water Access Desc Public

Roof Type Shingle

Road Frontage City Street

Total Parking Spaces 5

Building

Lot Description Corner Lot, City Lot, Residential Lot

Building Description Block, Exterior Lighting,Storage

Story 2

Sewer Public Sewer

Water Public

Structure Type Block

Others

Tax ID 0102020801100

Security Features Smoke Detector(s),Security Lights

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12041998

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Listed by Russell H Brooke La Rosa Realty LLC

Nearby School & Business

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Dennis Lue Yat

+1(561) 589-1400

Broker | REALTOR® | SL3301099

Broker | REALTOR® SL3301099

Popular Cities & Towns In Palm Beach County

443 SW 4th AVE Miami, FL 33130

Dennis Lue Yat

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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