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6647 SW 59th Pl
Miami, FL 33143
Multifamily Property For Sale
·
15 Units


EXECUTIVE SUMMARY
Hurricane Flats presents a rare investment opportunity in the highly desirable South Miami market. This 7,085-square-foot multifamily property features 15 well-maintained units housed within a charming, mid-century building originally constructed in 1950. The property’s design embodies the classic low-rise, garden-style aesthetic, offering residents a comfortable and efficient living environment that continues to attract steady demand year after year.
Currently operating at 100% occupancy, Hurricane Flats provides investors with an immediate and stable income stream. The unit mix and layout maximize rentable area while maintaining a balanced operational scale ideal for hands-on or portfolio investors alike. The property has been consistently maintained, allowing for seamless management and minimal downtime between tenancies, underscoring its strong performance history and long-term reliability as an income-producing asset.
Situated on a parcel zoned RS-4 Single Family Residential, the property offers flexible investment potential—whether held for stable multifamily cash flow, future redevelopment, or as part of a long-term land banking strategy. Its size, stability, and enduring tenant demand make Hurricane Flats a unique opportunity to acquire a high-performing asset in one of Miami-Dade’s most consistently sought-after residential submarkets.
Currently operating at 100% occupancy, Hurricane Flats provides investors with an immediate and stable income stream. The unit mix and layout maximize rentable area while maintaining a balanced operational scale ideal for hands-on or portfolio investors alike. The property has been consistently maintained, allowing for seamless management and minimal downtime between tenancies, underscoring its strong performance history and long-term reliability as an income-producing asset.
Situated on a parcel zoned RS-4 Single Family Residential, the property offers flexible investment potential—whether held for stable multifamily cash flow, future redevelopment, or as part of a long-term land banking strategy. Its size, stability, and enduring tenant demand make Hurricane Flats a unique opportunity to acquire a high-performing asset in one of Miami-Dade’s most consistently sought-after residential submarkets.
PROPERTY FACTS
| Price Per Unit | $337,561 CAD | Lot Size | 0.26 AC |
| Sale Type | Investment | Building Size | 17,085 SF |
| No. Units | 15 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1950 |
| Apartment Style | Low-Rise | Parking Ratio | 2.12/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | RS-3 - Residential Multi-Family | ||
| Price Per Unit | $337,561 CAD |
| Sale Type | Investment |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 17,085 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 2.12/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RS-3 - Residential Multi-Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 10 | - | - |
| 1+1 | 2 | - | - |
| 2+1 | 2 | - | - |
| 2+2 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 09-4025-028-0220 | Improvements Assessment | $2,664,029 CAD |
| Land Assessment | $690,410 CAD | Total Assessment | $3,354,439 CAD |
PROPERTY TAXES
Parcel Number
09-4025-028-0220
Land Assessment
$690,410 CAD
Improvements Assessment
$2,664,029 CAD
Total Assessment
$3,354,439 CAD
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