This is a unique opportunity to acquire a newly built (2021) 12-unit multi-family property located in the heart of Little Havana, Miami, FL. The property offers including dedicated parking and in-unit laundry, ensuring strong tenant demand and premium rental

1029 NORTH WEST 3RD ST #12, Miami

$4,499,000 USD
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      Address1029 NORTH WEST 3RD ST #12, Miami
      Building NameLAWRENCE ESTATE LAND CO
      Type of PropertyQuadruplex
      Property StyleQuadruplex
      Price$4,499,000
      Previous Price$4,750,000 (28 days ago)
      Property StatusActive
      MLS NumberA11756435
      Living Area16054
      Year Built2021
      Parking Space Number12
      Folio Number01-41-02-005-1460
      Gross Rent Income$309,600
      Net Operating Income$237,600
      Zoning Information3900
      Days on Market99

      Detailed Description: This is a unique opportunity to acquire a newly built (2021) 12-unit multi-family property located in the heart of Little Havana, Miami, FL. The property offers including dedicated parking and in-unit laundry, ensuring strong tenant demand and premium rental rates. Modern Construction: Built in 2021 with high-quality materials and contemporary design. Prime Location: Situated in the vibrant Little Havana neighborhood, known for its cultural appeal and proximity to Downtown Miami. Turnkey Investment: Fully leased with strong rental income and low maintenance costs, Private parking for tenants and in-unit washers and dryers for added convenience. Strong Market Demand: The Miami rental market continues to show strong occupancy and rent growth, making this an attractive long-term investment.

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      Address Information
      StateFlorida
      CityMiami
      CountyMiami-Dade County
      Zip Code33128
      Address1029 NORTH WEST 3RD ST
      Section10
      Zip Code (4 Digits)1394
      Financial Information
      Price$4,499,000
      Price per Foot$0
      Previous Price$4,750,000
      Folio Number01-41-02-005-1460
      Gross Rent Income$309,600
      Net Operating Income$237,600
      Tax Amount$47,930
      Tax Year2024
      Full Descriptions
      Detailed DescriptionThis is a unique opportunity to acquire a newly built (2021) 12-unit multi-family property located in the heart of Little Havana, Miami, FL. The property offers including dedicated parking and in-unit laundry, ensuring strong tenant demand and premium rental rates. Modern Construction: Built in 2021 with high-quality materials and contemporary design. Prime Location: Situated in the vibrant Little Havana neighborhood, known for its cultural appeal and proximity to Downtown Miami. Turnkey Investment: Fully leased with strong rental income and low maintenance costs, Private parking for tenants and in-unit washers and dryers for added convenience. Strong Market Demand: The Miami rental market continues to show strong occupancy and rent growth, making this an attractive long-term investment.
      Roof DescriptionConcrete
      Cooling DescriptionCentral Air
      Heating DescriptionCentral
      Sewer DescriptionPublic Sewer
      Property parameters
      Living Area16054
      Zoning Information3900
      Year Built2021
      Type of PropertyQuadruplex
      StyleQuadruplex
      Building NameLAWRENCE ESTATE LAND CO
      Development NameLAWRENCE ESTATE LAND CO
      Construction TypeConcrete Block Construction
      Stories Number3.000
      Street DirectionNorth West
      Parking Space Number12
      Listed withAvenew Realty Corp