Description of this home

5-unit multifamily investment in Miami's Allapattah neighborhood offering in-place income, immediate lease-up upside and longer-term redevelopment optionality. Four 2BR/1BA units plus a legal detached 2BR/2BA, five separate electric meters and one vacant unit. Historical T-12: $108,822 gross income and $91,295 NOI, representing a 6.76% cap at the $1.35M asking price. Approx. 6,534 SF site currently zoned T4-R. Adjacent 765 NW 35th St is T5-L, providing a relevant nearby zoning precedent for buyers evaluating future rezoning, mixed-use, workforce housing or Live Local strategies. Near Wynwood, Miami Health District, Downtown, SR-836, I-95 and MIA. Redevelopment potential subject to independent verification and City approvals.

Property Details for this home

Flooring

Other, Tile

Heating

Window/Wall

Cooling

Wall/Window Unit(s)

Architectural Style

Detached

Pool Private

No

Year Built Details

Resale

Property Condition

Substantially Remodeled

Building Information for this home

Building Name

EDEN PARK

Building Area Total

3575

Building Area Units

Square Feet

Stories

2

Stories Total

2

Association

No

Property Information for this home

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

Other

Roof

Other

Sewer

Public Sewer

New Construction

No

Public Records for this home

Parcel Number

01-31-26-029-0200

Tax Annual Amount

$12,053

Tax Year

2,025

Tax Legal Description

26 53 41 EDEN PARK PB 7-29 LOT 22 LESS S5FT TO CITY LOT SIZE 6650 SQUARE FEET OR 16240-4682 0294 1 COC 25209-1975 12 2006 1

Zoning

3900

County Or Parish

Miami-Dade County

Location