Miami Gardens, FL 33169
Property Type
Multi Family
Central AC
Yes
Year Built
1968
Listing courtesy of Andres Villarreal of Trustpoint Realty, LLC..
Prime multifamily investment opportunity in Miami Gardens. This 32-unit property sits on just over one acre and features a strong unit mix of 23 two-bedroom, one-bath units and 9 one-bedroom, one-bath units. The property is currently 100% occupied and producing approximately $462,000 in net operating income, offering investors immediate cash flow with additional upside through future rent growth. The property benefits from over 50 on-site parking spaces and a roof installed in 2016. Many of the rents are below current market levels, providing a clear value-add opportunity for the next owner through strategic rent increases and operational improvements. Located along NW 7th Avenue, the property offers strong visibility and convenient access to major roadways, retail, and employment centers throughout Miami Gardens and the surrounding areas. This asset is well suited for investors seeking a stabilized multifamily property with long-term appreciation potential in a growing Miami-Dade submarket.
1.08 Acres
Miami Gardens
A11980572
Multi Family
1968
32
1968
6800
florida
Yes - Central Air
Yes - Central, Electric, Wall Furnace
Public
Total$38,791.34/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
Information is deemed reliable but is not guaranteed and should be independently verified.