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Santa Clara Apartments 3050 S Dixie Hwy 20 Unit Apartment Building For Sale Miami, FL 33133
INVESTMENT HIGHLIGHTS
- Prime frontage on South Dixie Highway with high traffic exposure
- Large one-bedroom units with clear renovation upside
- Immediate access to Metrorail stations and major highways
- Central Coconut Grove location near Brickell and Coral Gables
- Strong demographics and limited supply pipeline in submarket
EXECUTIVE SUMMARY
Santa Clara Apartments represents a rare opportunity to acquire a well-located multifamily asset in the heart of Coconut Grove, one of Miami’s most affluent and high-performing neighborhoods. Positioned directly on South Dixie Highway (U.S. 1), the property offers exceptional visibility and connectivity to Brickell, Downtown Miami, Coral Gables, and major east–west arteries such as Bird Road and the Palmetto Expressway. This strategic location places residents within minutes of premier lifestyle destinations including CocoWalk, Merrick Park, Vizcaya Museum & Gardens, and the University of Miami, while providing seamless access to Douglas Road and Coconut Grove Metrorail stations.
The asset comprises 20 spacious one-bedroom units averaging 644 SF, with strong in-place operations and clear value-add potential. Current rents trail submarket averages, creating an opportunity to implement renovations and repositioning strategies to capture premium rates. Coconut Grove’s fundamentals—94% occupancy, limited new supply, and high-income demographics—support long-term rent growth and stability. With zoning flexibility under T5-O, investors can explore redevelopment options or maintain the property as a cash-flowing asset in a high-barrier market. This offering combines near-term upside with enduring land value, making it an ideal addition for investors seeking scale and resilience in Miami-Dade County
The asset comprises 20 spacious one-bedroom units averaging 644 SF, with strong in-place operations and clear value-add potential. Current rents trail submarket averages, creating an opportunity to implement renovations and repositioning strategies to capture premium rates. Coconut Grove’s fundamentals—94% occupancy, limited new supply, and high-income demographics—support long-term rent growth and stability. With zoning flexibility under T5-O, investors can explore redevelopment options or maintain the property as a cash-flowing asset in a high-barrier market. This offering combines near-term upside with enduring land value, making it an ideal addition for investors seeking scale and resilience in Miami-Dade County
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 0.41 AC |
| No. Units | 20 | Building Size | 17,536 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1969 |
| Building Class | C | ||
| Zoning | T5-O - Mixed-use urban zone allowing residential, commercial, office, lodging, and entertainment uses | ||
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 17,536 SF |
| Average Occupancy | 95% |
| No. Stories | 4 |
| Year Built | 1969 |
| Zoning | T5-O - Mixed-use urban zone allowing residential, commercial, office, lodging, and entertainment uses |
AMENITIES
UNIT AMENITIES
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 20 | - | 600 |
1 1
Walk Score®
Walker's Paradise (90)
Bike Score®
Biker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 01-4116-007-0110 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,663,103 CAD |
PROPERTY TAXES
Parcel Number
01-4116-007-0110
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,663,103 CAD
CONTACTS
-
Virgilio Fernandez, CCIM -
Mitash Kripalani, CCIM -
Alain Crego -
Milan Patel -
Cushman & Wakefield
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Santa Clara Apartments | 3050 S Dixie Hwy
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