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Executive Summary
Extraordinary investment opportunity in Flagami south of Miami International airport and 836 HWY, boasting an exceptional 1970s CBS construction that is hurricane proof. This sixteen (16)-unit apartment building, situated on 20,475 SF lot zoned T5-R with parking, is irreplaceable given existing zoning. Each apartment features a well- designed floor plan with one bedroom and one bath, providing consistency and ease of management. Within minutes to Magic City Casino, it is also centric to other amenities and locales. Inter Miami CF stadium, 58-acre public park, and entertainment district at Miami Freedom Park scheduled to open in late 2025. This is a year-round destination spot. The recreational project will be the largest new park in Miami, soccer and youth athletic fields for the community, a full range of entertainment and commercial offerings including office space, hotel, shops, restaurants and additional experiences and attractions for residents just minutes East of the site. Further, its located near the bustling Miami Intl Airport, Coral Gables, Downtown, Brickell and several other employment centers, residents will be motivated to live in this centric and thriving neighborhood that is gaining traction in the vibrant and culturally diverse city that is undergoing a massive transformation. Investing in this area presents an extraordinary opportunity to capitalize on the remarkable surge of growth and development sweeping through the region. Reach out to us now to explore this remarkable property further and unlock the potential it holds for you.
Property Facts
| Price | $5,757,318 CAD | Building Class | C |
| Price Per Unit | $359,832 CAD | Lot Size | 0.43 AC |
| Sale Type | Investment | Building Size | 15,092 SF |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1971 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | T5-R - signifies a transect zone with a focus on multi-family residential and limited mixed-use development | ||
| Price | $5,757,318 CAD |
| Price Per Unit | $359,832 CAD |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 15,092 SF |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1/1,000 SF |
| Zoning | T5-R - signifies a transect zone with a focus on multi-family residential and limited mixed-use development |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Refrigerator
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 16 | - | - |
1 1
Very walkable
80/100
Moderately drivable
60/100
Some public transit
50/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 01-3132-009-0270 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,003,650 CAD |
Property Taxes
Parcel Number
01-3132-009-0270
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,003,650 CAD
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