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1829 NW 2nd Ct 16 Unit Apartment Building Offered at $4,822,750 CAD at a 6% Cap Rate Miami, FL 33136



Investment Highlights
- Prime Central Miami Location
- Access to Miami’s Top Lifestyle & Employment Hubs
- Strong Rental Demand & Investment Potential
Executive Summary
Ideally positioned in one of Miami’s fastest-growing urban corridors, this renovated multifamily property offers exceptional access to Wynwood, Downtown Miami, Brickell, the Design District, and Miami World center, placing residents within minutes of the city’s top dining, entertainment, shopping, and employment hubs. Conveniently located near I-95, I-395, SR-836, and Brightline/Miami Central transit connectivity, the property provides seamless commuting throughout Miami-Dade while attracting strong tenant demand from professionals, students, and workforce renters seeking an urban lifestyle. The surrounding neighborhood continues to experience major revitalization with new mixed-use developments, modern apartment communities, and increasing investor activity driving long-term appreciation potential. Residents enjoy proximity to Wynwood Walls, Bayside Marketplace, Kaseya Center, Museum Park, Jackson Memorial Hospital, and the Health District, along with nearby parks, cafés, retail centers, and recreation. Comparable nearby communities consistently highlight the area’s prime location, walkability, and access to Miami’s cultural and entertainment districts, making this an outstanding opportunity in a rapidly evolving rental market with strong upside and lasting appeal.
Property Facts
| Price | $4,822,750 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $301,422 CAD | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 8,178 SF |
| Cap Rate | 6% | Average Occupancy | 95% |
| Sale Condition | Bulk/Portfolio Sale | No. Stories | 2 |
| No. Units | 16 | Year Built/Renovated | 1942/2022 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Zoning | 5700/DUPLEXES - GENERAL - 5700/DUPLEXES - GENERAL | ||
| Price | $4,822,750 CAD |
| Price Per Unit | $301,422 CAD |
| Sale Type | Investment |
| Cap Rate | 6% |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 16 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Lot Size | 0.17 AC |
| Building Size | 8,178 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1942/2022 |
| Opportunity Zone |
Yes |
| Zoning | 5700/DUPLEXES - GENERAL - 5700/DUPLEXES - GENERAL |
Amenities
Unit Amenities
- Air Conditioning
- Family Room
1 1
Exceptionally walkable
90/100
Fairly drivable
50/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 01-3136-029-0020 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,880,313 CAD |
Property Taxes
Parcel Number
01-3136-029-0020
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,880,313 CAD
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1829 NW 2nd Ct
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