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11775 Sw 223rd St
Miami, FL 33170
Multifamily Property For Sale · 4 Units

Investment Highlights

  • Permitted Impact windows
  • Fully renovated units (New kitchen, new bathroom and new tiles floors)
  • New electrical and plumbing system.
  • Permitted New roof.
  • Separate meters for Water and Electricity for each unit.
  • Turnkey, low maintenance investment.

Executive Summary

This fully renovated fourplex in Goulds presents a turnkey investment opportunity with major
capital improvements already completed. The entire building and all units have been completely
renovated, offering modern finishes and minimizing future maintenance costs.
The property features 4 parking spaces in the front, a permitted new roof and permitted impact
windows, providing both peace of mind and insurance advantages. All major systems have been
upgraded, including new electrical and plumbing, ensuring long-term e?ciency and reliability.
Each unit has been thoughtfully updated with tile flooring throughout, brand-new kitchens with
stainless steel appliances, and fully renovated bathrooms. Additionally, washer units have been
installed in each unit, significantly increasing tenant convenience and rental appeal. Plus, each unit
has separate meter for water and electricity, reducing your expenses.

Property Facts

Price Per Unit $341,925 CAD
Sale Type Investment
Cap Rate 7.61%
Gross Rent Multiplier 10.96
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Lot Size 0.16 AC
Building Size 2,326 SF
No. Stories 1
Year Built/Renovated 1957/2026
Parking Ratio 1.72/1,000 SF
Zoning 3700

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Range
  • Tub/Shower
  • Yard
  • Instant Hot Water
  • Patio

Site Amenities

  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 $1,641 CAD -
2+1 2 $2,462 CAD -

Property Taxes

Property Taxes

Parcel Number
30-6913-013-0450
Land Assessment
$359,021 CAD
Improvements Assessment
$332,740 CAD
Total Assessment
$691,761 CAD
  • Listing ID: 40174263

  • Date on Market: 2026-04-16

  • Last Updated:

  • Address: 11775 Sw 223rd St, Miami, FL 33170

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