Fausto Commercial is pleased to present 551-561 SW 57th Ave, Miami FL 33144 an 8-unit apartment community located in the Flagami neighborhood in the city of Miami. The property consists of 8 one-bedroom/ one-bathroom units totaling 3,751 rentable square feet. The building was built in 1956. It’s situated on a 9,880 Sq. Ft. of land. This value add property is being offered for sale at $1.500,000 representing a 5.75% cap rate (based on average market rents for one bedroom units). 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 Little Havana and Coral Gables, the location is in close proximity to Brickell/ Downtown and centric to all the region’s major employment centers.