Great opportunity 6 unit multifamily building in Little Havana

$2,250,000
For sale

8493

Property ID

4,688 SqFt

Size

Description

Great opportunity 6 unit multifamily building located in a very desirable pocket of Little Havana.

Short walk from The Miami River, surrounded by future developments including a brand new luxury construction adjacent from this property.

Full CBS two-story building built in 1972 sits on a 7,500 SF lot with 4,688 SF of living space with plenty of parking on site.

All 6 units each feature fully updated 2 Bedroom 1 Bathroom with brand new split A/C systems, each unit currently rented long term for $2,500 ($15,000 gross income per month).

The lot zoned T6-8-0 which allows for plenty of upside including operating as short term rentals or knock down and rebuild multifamily/ hotel project with up to 26 units and/or 10,000 SF or less of living space, buyers must do their own due diligence.

HIGHLIGHTS

  • Lot Features: City Location, Location In A Flood Zone, Other Location
  • Building Features: Balconies, Laundry Facilities
  • Number Of Buildings: 1
  • Documents Available: Contracts, Copy Of Lease(S), Owner Managed, Rent Rolls
  • Cooling: Other, Wall/Window Unit(s)
  • Electric: Separate Meters
  • Flooring: Vinyl
  • Construction Materials: CBS Construction, Sheet Rock
  • Parking Features: Common, Other
  • Security Features: Other Fire Protection, Security Fence
  • Buyer Agency Compensation: 3%
  • Showing Instructions: Appointment Only

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Address

Address: 641 NW 2nd St, Miami, FL
  • Country: United States
  • Province / State: Florida
  • City / Town: Miami
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  • Property ID 8493
  • Price $2,250,000
  • Property Type Hotel
  • Property status For sale
  • Year Built 1972
  • Size 4,688 SqFt
  • Parking 6
  • Keys 6
  • Floors 2

Contact

Zena Bardawell Farah

Property Agent
+1 305-967-7200
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