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843 SW 13th Ave
Miami, FL 33135 Coral Way

$4,500,000 USD

Apartments For Sale  •  11,166 SF

Property Details

  • Property Type Apartments
  • Total Building Size 11,166 SF
  • Lot Size 0.18 AC
  • Building Class C
  • Year Built 1925
  • Cap Rate 6.61 %
  • Zoning T4-R
51 Transit Score
95 Walk Score

Highlights

Rare opportunity to acquire a renovated and fully occupied 18 unit apartment building in Little Havana
350 feet away from Calle Ocho (SW 8th Street), the cultural epicenter of Miami with a round the clock restaurant, retail and nightlife scene
Building was fully gut renovated in 2006 and includes central ACs, granite countertops, custom kitchen cabinetry, dishwashers, tankless water heaters
Updated appliances in all units
Potential to increase rents to market
Favorable unit mix consisting of mostly large 1 and 2 bedroom units

Property Flyers

Cap Rate: 6.61 %

Amenities

  • Air Conditioning
  • Dishwasher
  • Granite Countertops

Public Transportation

Commuter RailDriveWalkDistance
Brickell (Metrorail) (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 4 min - 1.6 mi
Culmer (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 6 min - 2.3 mi
AirportDriveWalkDistance
Miami International 22 min - 10.8 mi
Fort Lauderdale/Hollywood International 36 min - 24.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Arthur Porosoff 305-209-8866 Compass Florida LLC
Arthur Porosoff 305-209-8866 Compass Florida LLC