LITTLE HAITI
48-UNIT LITTLE HAITI PORTFOLIO
7700/7200 N. Miami Ave - 31 NW 77 St
$9,750,000
Portfolio. Totaling (48) Units. 31 Units Located right off N Miami Ave and 77 St. 31 NW 77th St. was built in 1990 and it consists of (6) studios, (1) one bedroom & one bath units and a two bedroom and one bath unit. 7700 N Miami Ave. was built in 1952 and houses (11) studios averaging close to 400 Sq. Ft. and another building located at 7720 N Miami Ave. and was built in 1985.
It houses (12) one bedroom and one bath units. averaging 535 Sq. Ft. The building is 6,423 Sq. Ft. and sits on a 15,496 Sq. Ft. and is also zoned T5-R. On 55 St., we have 3 parcels consisting of (13) studios and (4) two-bedroom and one bath units; sitting on 20,160 Sq. Ft. of land.
Highlights
- Build up to 67 units by right
- 5 minutes to Wynwood and Midtown
- Below market rents potential to increase cash flows
- Three adjacent buildings with over an acre of land (45,354 SF)
Details
- Lot Size: 65,514 SF
- Building Size: 65,514 SF
- Property Type: Multifamily
- Asking Price: $9,750,000
- Zoning: T5-R