227 NORTH WEST 13TH AVE, Miami
$2,000,000 USD
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| Address | 227 NORTH WEST 13TH AVE, Miami |
| Type of Property | Income / MultiFamily |
| Type of Business | Commercial / Residential Income |
| Price | $2,000,000 |
| Property Status | Active |
| MLS Number | A11765269 |
| Property Size | 5000 |
| Lot Size | 5000 |
| Year Built | 1926 |
| Folio Number | 01-41-02-005-7620 |
| Zoning Information | T-5 L |
| Days on Market | 174 |
Detailed Description: Strategic Investment opportunity, Classic architecture 10-units multifamily building (1 bed- 1 bath units) with potential for restoration benefits in the sought-after T- 5 L zoning, combining history, prime location, and financial stability. Situated next to the Marlins Stadium, schools and shops. Maximum convenience! Building with a shared laundry for easy access and time-saving. Beautiful patio with a lush avocado tree. Its potential for renovations or upgrades could significantly increase rental rates and property value. Investors willing to modernize the units could benefit from higher rental income and improved marketability. With proper management and strategic upgrades, this building could continue to be a profitable and valuable asset in Miami’s real estate market.
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33125 |
| Address | 227 NORTH WEST 13TH AVE |
| Zip Code (4 Digits) | 5687 |
Financial Information
| Price | $2,000,000 |
| Price per Foot | $0 |
| Folio Number | 01-41-02-005-7620 |
| Tax Amount | $27,994 |
Full Descriptions
| Detailed Description | Strategic Investment opportunity, Classic architecture 10-units multifamily building (1 bed- 1 bath units) with potential for restoration benefits in the sought-after T- 5 L zoning, combining history, prime location, and financial stability. Situated next to the Marlins Stadium, schools and shops. Maximum convenience! Building with a shared laundry for easy access and time-saving. Beautiful patio with a lush avocado tree. Its potential for renovations or upgrades could significantly increase rental rates and property value. Investors willing to modernize the units could benefit from higher rental income and improved marketability. With proper management and strategic upgrades, this building could continue to be a profitable and valuable asset in Miami’s real estate market. |
Property parameters
| Living Area | 5000 |
| Lot Size | 5000 |
| Total Acreage | 0.000 |
| Zoning Information | T-5 L |
| Maximum Leasable Size | 5000 |
| Year Built | 1926 |
| Type of Property | Income / MultiFamily |
| Type of Business | Commercial / Residential Income |
| Street Direction | North West |
| Listed with | Fausto Commercial Realty Consultants Inc |