The Corona Apartments is an 18-unit multifamily property situated in the coveted Shenandoah neighborhood. This prime location offers a balance of residential charm and urban convenience, with easy access to Bryan Park, Shenandoah Park, the Shenandoah Branch Library, and the lively Calle Ocho corridor, known for its cultural, recreational, and dining attractions. Nestled within a quiet residential enclave and surrounded by upscale single-family homes, the property benefits from both long-term stability and consistent rental demand.

The community is comprised of 15 studio apartments (±495 SF each) and three one-bedroom apartments (±725 SF each), appealing to a wide range of tenants. A notable feature of the property is its 14 designated off-street parking spaces—an uncommon advantage among comparable buildings. Originally built in 1925 with durable concrete block construction and wood built-up roofs, the property has been well maintained throughout its history. It sits on a lot of just over a quarter acre, offering an efficient footprint for its 18-unit layout.

Offered at $3,750,000, The Corona Apartments presents a rare opportunity to acquire a historically charming, income-producing property in one of Miami’s most desirable neighborhoods. With strong in-place rents, exceptional tenant demand, and proximity to the rapidly revitalizing Little Havana submarket, the property is well positioned for both stability and long-term growth. Its combination of prime location, historic character, rare amenities, and strong market fundamentals make it an attractive investment with significant upside potential.

Investment Highlights

• Prime location in the highly sought-after Shenandoah neighborhood
• Walking distance to the vibrant Calle Ocho corridor
• Proximity to green spaces – less than 1 mile from Bryan Parks, and the Library
• Convenient access to major hubs – under 3 miles from Brickell City Centre and the Medical District
• Well-connected with excellent public transit options nearby
• Diverse unit mix of studios and one-bedrooms, appealing to a broad tenant base
• 14 dedicated off-street parking spaces – a rare and valuable amenity in the area
• Positioned on a 0.27-acre lot, offering an efficient footprint for 18 units