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2028 SW 6th St
Miami, FL 33135 Little Havana

$2,400,000 USD

Apartments For Sale • 5,760 SF

Property Details

Property Type Apartments
Total Building Size 5,760 SF
Lot Size 0.16 AC
Building Class C
Year Built 1926
Cap Rate 5.59 %
Zoning R-3

53 Transit Score

90 Walk Score

                
                    Highlights
                
                                Newly renovated 12-unit apartment building in Little Havana, Miami
                            
                                8 of 12 units currently vacant post-renovation, offering immediate lease-up potential
                            
                                New owner can lease up at open-market or Section 8 rates for strong cash flow
                            
                                Turnkey property – all 12 units have been fully renovated inside and out
                            
                                Favorable unit mix: large 1-bedroom / 1-bathroom apartments
                            
                                40/50-year recertification due in 2026

Property Flyers

2028 SW 6th St - OM-E

Financial Summary (Actual)

Net Operating Income: $146,140 USD (2024)

Cap Rate:	5.59 %
Total Expenses:	$94,064 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Coconut Grove (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover))	5 min	-	2.4 mi
Civic Center (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover))	6 min	-	2.5 mi
Airport	Drive	Walk	Distance
Miami International	21 min	-	9.7 mi
Fort Lauderdale/Hollywood International	37 min	-	24.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Alessandro Lima 305-281-4469 Porosoff Group - Compass Commercial

2028 SW 6th St Miami, FL 33135 Little Havana