The Porosoff Group at Compass Commercial, as exclusive listing agent, is pleased to offer for sale 24 SW 21st Ave, a 8-unit apartment complex located in the highly sought-after Little Havana neighborhood in the City of Miami.
24 SW 21st Ave is located in the Little Havana section of Miami, a short distance to Brickell, the most important financial and commercial district in South Florida. Home to a growing number of international banks and firms, Brickell serves as Latin America’s Financial District and has recently enjoyed a transformation with a booming restaurant, entertainment and nightlife scene. The property is conveniently nestled blocks away from SW 8th Street (Calle Ocho) the cultural epicenter of the Miami Latin Community and walking distance to Flagler Street, one of the most important commercial corridors in Miami-Dade County. The excellent location contributes to high demand for rental units in the area and translates into historically low vacancy rates
≥ Rare Opportunity to Acquire an 8-unit Apartment Complex in Little Havana, Miami
≥ Value-Add Opportunity Through Interior and Exterior Renovation Achieving
Significant Upside in Rental Income
≥ Favorable Unit Mix of All One-Bedroom Units
≥ On-Site Parking (1 Space per Unit)
≥ 40/50 Year Building Recertification Completed in 2020
≥ On-Site Laundry Facility (Machines Owned by the Property)
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