1862 SW 5 ST 

PRICE

$ 1,200,000

Description

Extraordinary investment opportunity in West Little Havana along the SW 5 ST corridor, boasting an exceptional 1920s “Old Spanish” architectural style. This eight-unit apartment building, situated on a generous 7,500 SF lot zoned T4-R, offers immense potential. Each apartment features a well-designed floor plan with one bedroom and one bath, providing consistency and ease of management. Priced well for a full gut renovation needed to sustain this asset. Strategically located within a mere five-minute drive from the bustling districts of Brickell and Downtown, this property benefits from the proximity to Miami’s thriving economic centers. Moreover, it resides in the renowned neighborhood of Little Havana, nationally acclaimed for its vibrant and culturally diverse lifestyle. Investing in this area presents an extraordinary opportunity to capitalize on the remarkable surge of growth and development sweeping through the region. The rental market in Little Havana continues to flourish, with strong demand from a diverse range of prospective tenants. The recent emergence of new retail establishments along nearby Calle Ocho further enhances the appeal of this dynamic area, attracting a greater influx of visitors and residents. Seize the chance to become a part of this flourishing community and secure a promising investment for your portfolio. Reach out to us now to explore this remarkable property further and unlock the potential it holds for you.

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8,430
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BROKERS

Mauricio Villasuso

mv@faustocommercial.com

305.340.8901