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INVESTMENT HIGHLIGHTS
- Prime East Little Havana location minutes from Brickell and Downtown
- Renovated concrete construction on a 0.31-acre lot
- Excellent connectivity to major employment hubs and transit corridors
- Under-market rents with clear value-add potential
- Strong occupancy and resilient renter demand in a supply-constrained submarket
EXECUTIVE SUMMARY
Villa Apartments presents a rare opportunity to acquire a stabilized, income-producing multifamily asset in East Little Havana—one of Miami’s most culturally vibrant and supply-constrained neighborhoods. This 13-unit property, featuring eleven studios and two one-bedroom units, offers a clear value-add runway with current rents significantly below market averages. With average rents of $1,350–$1,700 per month and projected post-renovation rents approaching $1,800, investors can unlock substantial upside through targeted improvements.
Strategically positioned just minutes from Brickell, Downtown Miami, and the Health District, the property benefits from exceptional connectivity via I-95, the Dolphin Expressway, and proximity to Miami Brightline Station, Miami International Airport, and PortMiami. Residents enjoy walkable access to daily conveniences such as Sedano’s Supermarket, Presidente, Planet Fitness, and a vibrant mix of cultural destinations along Calle Ocho. The submarket’s vacancy rate remains below metro averages at approximately 4.4%, underscoring its resilience and strong renter demand.
This asset combines long-term stability with meaningful income growth potential, supported by Miami’s dynamic economic fundamentals and sustained population growth. Whether held for cash flow or repositioned for enhanced returns, Villa Apartments represents a compelling addition to any multifamily portfolio in one of South Florida’s most enduring urban neighborhoods.
Strategically positioned just minutes from Brickell, Downtown Miami, and the Health District, the property benefits from exceptional connectivity via I-95, the Dolphin Expressway, and proximity to Miami Brightline Station, Miami International Airport, and PortMiami. Residents enjoy walkable access to daily conveniences such as Sedano’s Supermarket, Presidente, Planet Fitness, and a vibrant mix of cultural destinations along Calle Ocho. The submarket’s vacancy rate remains below metro averages at approximately 4.4%, underscoring its resilience and strong renter demand.
This asset combines long-term stability with meaningful income growth potential, supported by Miami’s dynamic economic fundamentals and sustained population growth. Whether held for cash flow or repositioned for enhanced returns, Villa Apartments represents a compelling addition to any multifamily portfolio in one of South Florida’s most enduring urban neighborhoods.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 0.31 AC |
| No. Units | 13 | Building Size | 5,499 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1949 |
| Building Class | C | ||
| Zoning | T4-R - General Urban residential zone allowing multi-family housing with neighborhood-scale form. | ||
| Sale Type | Investment |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 5,499 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1949 |
| Zoning | T4-R - General Urban residential zone allowing multi-family housing with neighborhood-scale form. |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 13 | - | - |
Walk Score®
Very Walkable (85)
Transit Score®
Excellent Transit (89)
PROPERTY TAXES
| Parcel Number | 01-0203-000-1040 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,552,290 CAD |
PROPERTY TAXES
Parcel Number
01-0203-000-1040
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,552,290 CAD
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