2052 SW 1st St Miami, FL 33135

$16,000,000
$16,000,000

Overview

Discover this meticulously designed 43-unit apartment building, completed in 2023, in the vibrant neighborhood of West Little Havana. This property features 29 spacious two-bedroom units and 14 one-bedroom units, offering a blend of comfort and convenience for residents.
Highlights include:
  • On-site parking, enhanced by an adjacent lot included in the sale, set to provide 11 additional parking spaces in the future.
  • Modern amenities such as washer/dryer units conveniently located on each floor.
  • Sub-metered individual water meters, ensuring operational efficiency and tenant convenience.
This property is a true turn-key investment, ideal for those who prefer a hands-off approach without the need for extensive renovations or capital improvements. At an attractive $275 per square foot, this opportunity is unparalleled—you couldn’t replicate this quality or cost today.
Location Perks:
Situated just one block from Publix supermarket, this property is a rare gem in an urban oasis. Residents will enjoy unparalleled connectivity to Brickell, Downtown Miami, the Health District, and the 836 Highway, which offers quick access to Miami Beach. With fine dining, boutique shopping, charming sidewalk cafes, and serene parks within walking or driving distance, this location encapsulates the best of Miami’s cultural vibrancy.
Why Little Havana?
Known as the heart of Miami, Little Havana has long been a hub for adventurers, artists, and visionaries. Investors are now tapping into the area’s immense potential, with its rapid growth and development signaling a prime time to invest.
Seize this extraordinary opportunity to become part of the thriving West Little Havana community. Contact us today to explore this unmatched investment property and unlock its future potential.
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Details

  • Lot area (sqft):
    11,761 sqft
  • Building area (sqft)::
    58,195 sqft
  • Price ($):
    $16,000,000
  • Year built:
    2023
  • Cap Rate:
    4.70%
  • Portfolio: 43 units