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3025-3051 SW 3rd Ave

Miami, FL 33129

$5,950,000

Apartments For Sale  •  13,083 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 13,083 Sq Ft
  • Lot Size 0.53 ac
  • Building Class C
  • Year Built 1954
  • Cap Rate 3.52 %
  • Zoning O
60 Transit Score
71 Walk Score

Description

* 24 existing income producing rental units

* Miami 21 / T6 8O  (150 Units Per Acre / 8-12 Floors) 

* 78 Units allowed by Right

* Adjacent to the Vizcaya Metrorail Station

* The site may qualify as a Transit Oriented Development ( proposed ordinance in progress) which allows for double the unit density, reduced parking requirements, etc. 
Cap Rate: 3.52 %

Parking Details

Parking Available: No
Reserved: No
Type: Covered
Included in Rent: Yes
Landy Toledo 786-522-7076 Marcus & Millichap
Landy Toledo 786-522-7076 Marcus & Millichap