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About This Property
Current cap rate: 7%. Exceptional 27-unit multifamily property in the heart of Little Havana. Strong and stable income with significant upside potential through rent adjustments or renovations. All units are currently under contract, with most leases recently renewed through May 2027, providing immediate income stability. Units rent quickly with minimal annual turnover, and the majority of tenants are long-term residents. Property features include central A/C, a new elevator, swimming pool, laundry facilities with new machines, impact windows and doors, and ample parking. Prime location just minutes from Brickell, Downtown Miami, and Coral Gables.
Property Features
County
Miami-Dade County
Section
34
Area
25899
Subdivision
KAYS EST
Interior
Elevator, Stairs
Cooling
Central Air
Bedrooms
Floors
Other
Full Baths
Appliances
Heating
Central
Style
Garage Spaces
Construction/Exterior
Concrete Block Construction, CBS Construction
Patio / Deck Description
Open Balcony, Patio
Exterior
Balcony, Open Balcony
Has a Pool
1
Possession
Funding
Lot Size in Acres
Water
Sewer
Public Sewer
Lot Size in Sq. Ft.
0
Has Waterfront
No
Parking Description
View
Has Garage
No
Roof/Attic
Built-Up, Other
Senior Community
No
Other Utilities
Property Type
Residential Income
Pets
Property SubType 2
Quadruplex
Tax Year
2025
Year Built
1974
Tax Amount
$70391
APN
NA
Square Feet Source
NA
Map
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