441 NW 25TH Avenue, Miami, FL 33125
Fausto Commercial is pleased to present 441 NW 25th Avenue, Miami FL, a 4-unit apartment community located in the Little Havana neighborhood in the city of Miami. The property consists of 4 two-bedroom/one- bathroom units totaling 3,400 rentable square feet. The building was built in 1925 and fully remodeled in 2020. It’s situated on a 7,000 Sq. Ft. of land. The property is being offered for sale at $987,500 representing a 4.82% cap rate based on current in-place income and 5.75% based on Proforma income after increasing rents to market average. This property is in a location that is experiencing massive growth combined with stable tenants that will not only benefit the immediate community but also the city in general. Adjacent to East Little Havana and Coral Gables, the location is in close proximity to Brickell/Downtown and centric to all the region’s major employment centers.