400-420 NW S RIVER DR

400-420 NW S RIVER DR

MIAMI, FL 33128

Status:
Available
Price:
$2,500,000
Price/Unit:
$227,273
Net Rentable (SF):
6,851
Acres:
0.14
Units:
11
Year Built:
1925
Lot Size:
0.14

OFFERING MEMORANDUM:

INVESTMENT OVERVIEW

The Porosoff Group is pleased to present the exclusive offering of 400-420 NW South River Drive, an 11-unit multifamily property located in the heart of Little Havana along the Miami River. This two-story building offers a mix of spacious units catering to strong local rental demand, with direct frontage on South River Drive providing tenants with unique views and proximity to Downtown Miami.
Strategically positioned just minutes from Brickell, Downtown, and the Health District, the property benefits from easy access to major employment centers, public transit, and key Miami attractions. The asset offers investors stable in-place income with additional upside through interior upgrades and rent adjustments, as current rents are below market levels.
Little Havana remains one of Miami’s most culturally vibrant and historically rich neighborhoods, experiencing continuous redevelopment and investment. This offering presents an exceptional opportunity to acquire a well-located multifamily property with significant long-term value appreciation and cash flow potential in a prime urban infill location.

EXCLUSIVELY LISTED BY

ARTHUR D. POROSOFF

CRE Advisor Multifamily Hospitality Development
NMHC PAC Contributor
Tel: (305) 733-6066
art@porosoff.com
License: FL SL3160379

Join our Mailing list!

Get all latest news and exclusive deals

Join Our Mailing List