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750 SW 2nd St 12 Unit Apartment Building $7,255,040 CAD ($604,587 CAD/Unit) 5.20% Cap Rate Miami, FL 33130
INVESTMENT HIGHLIGHTS
- See virtual tour in link provided
- Amazing price point when looking at replacement cost - irreplaceable deal
EXECUTIVE SUMMARY
Fausto commercial presents a fully operational 2022 amazingly designed 12 unit multifamily building in Little Havana. This modern apartment of 12 Units consist of 4 x one bedroom one bath & 8x two bedroom two bath, includes parking, washer/dryers on site, parking for all - a hot commodity Amazing neighborhood undergoing swift transition with upward pressure in rents, growth, and attracting urbanists, those looking for short commute times to work, and modern Miami Urban living. With close proximity to Calle Ocho and Brickell’s fine dining, chic shops, sidewalk cafes and picturesque parks. All are a brisk walk away for residents who will be immersed in the vibrant culture of the area. The area's several iconic spots include the Calle Echo, home to the Ball & Chain, Loan Depot Park and Downtown Miami. Since its inception in the late 1800's, Little Havana has been home to tycoons, adventurers, artists, writers and musicians alike with an A-list roster of residents. Come invest in the prosperous neighborhood that is surging in economic heart of the city.
PROPERTY FACTS
| Price | $7,255,040 CAD | Building Class | B |
| Price Per Unit | $604,587 CAD | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 10,578 SF |
| Cap Rate | 5.20% | Average Occupancy | 100% |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2021 |
| Property Subtype | Apartment | Parking Ratio | 1.42/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | T4-R - Residential Multi-Family | ||
| Price | $7,255,040 CAD |
| Price Per Unit | $604,587 CAD |
| Sale Type | Investment |
| Cap Rate | 5.20% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.34 AC |
| Building Size | 10,578 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2021 |
| Parking Ratio | 1.42/1,000 SF |
| Zoning | T4-R - Residential Multi-Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
SITE AMENITIES
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 8 | - | - |
1 1
Walk Score®
Very Walkable (84)
Transit Score®
Excellent Transit (82)
PROPERTY TAXES
| Parcel Number | 01-0202-020-1080 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,532,671 CAD |
PROPERTY TAXES
Parcel Number
01-0202-020-1080
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,532,671 CAD
CONTACTS
-
Mauricio Villasuso -
Christopher Carbonell -
Carlos Fausto Miranda -
Fausto Commercial Realty Consultants
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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750 SW 2nd St
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