843 SW 13TH AVENUE

MIAMI, FL

Status:

Available

Price:

$4,500,000

Price/Unit:

$250,000

Net Rentable (SF):

11,166

Acres:

0.18

Units:

Year Built:

1925

OFFERING MEMORANDUM:

INVESTMENT OVERVIEW

Rare opportunity to acquire a fully occupied 18 unit apartment building in Little Havana
350 feet away from Calle Ocho (SW 8th Street), the cultural epicenter of Miami with a round the clock restaurant, retail and nightlife scene
Building was fully gut renovated in 2006 and includes central ACs, granite countertops, custom kitchen cabinetry, dishwashers, tankless water heaters and updated appliances in all units
Potential to increase rents to market
Favorable unit mix consisting of mostly large 1 and 2 bedroom units

INVESTMENT HIGHLIGHTS

The Porosoff Group is pleased to offer for sale – 843 SW 13th Ave apartments. The property consists of 18-units with sixteen One bedroom/One Bathroom Units and two One-Bedroom/One Bathroom Units, averaging 620 square-feet.

843 SW 13th Ave located in Little Havana, is an inviting multifamily property in a vibrant neighborhood known for its rich history and colorful street life. It offers renovated units with spacious, well-lit interiors and modern amenities, providing comfort and a sense of community. Steps away from Calle Ocho, filled with Latin music, authentic cuisine, and historic sights, the area is bustling with shops, cafes, and entertainment, all within walking distance.

The strategic location of 843 SW 13th Avenue allows easy access to Downtown Miami, Brickell, and The Miami River. With much development occurring in Little Havana & Miami River, bringing new shops, restaurants, and activities to the area- further increasing the appeal of the neighborhood and areas surrounding 843 SW 13th Ave.