Investment Opportunity: 1973 Fourplex in Iconic East Little Havana with a 5,000 sqft lot and a 3,276 sqft building

  • $1,250,000
567, Southwest 3rd Street, Miami, Miami-Dade County, Florida, 33130, United States
  • Multi-family
  • Property Type
  • 4
  • Units
  • 3,276
  • ft²
  • 5,000
  • Lot ft²
For Sale
Investment Opportunity: 1973 Fourplex in Iconic East Little Havana with a 5,000 sqft lot and a 3,276 sqft building
567, Southwest 3rd Street, Miami, Miami-Dade County, Florida, 33130, United States
  • $1,250,000

Details

Updated on August 6, 2024 at 3:32 pm
  • Price: $1,250,000
  • Property Size: 3,276 ft²
  • Land Area: 5,000 ft²
  • Units: 4
  • Property Type: Multi-family
  • Property Status: For Sale

Description

This 1973 fourplex is situated in the iconic neighborhood of East Little Havana, known for its rich cultural heritage, lively street life, and strong community. The building consists of all 2 bed 1 bath units, rented at $2,400/month each, individually water and electric metered, large oversized balconies, private parking, 40/50 yr recertification completed in 2023, roof from 2020. It is walking proximity to Jose Marti, Ada Merritt, Calle Ocho. Over the years, Little Havana has become a popular destination for both locals and tourists alike, offering a diverse range of cuisine, music, and cultural events. The neighborhood is also conveniently located just minutes away from downtown Miami, providing residents with easy access to some of the city’s finest dining, shopping, and entertainment options. Recent years have seen Little Havana experience significant growth, both in terms of population and development. The neighborhood has become a hub for young professionals and families, attracted by its affordable housing options and growing job market. As a result, Little Havana has seen a surge in new businesses and community initiatives, further enhancing its reputation as a vibrant and thriving neighborhood. This property is an excellent opportunity for anyone looking to invest in one of Miami’s most dynamic neighborhoods. With a strong demand for rental properties and a growing population, this fourplex is a solid investment that is sure to appreciate in value over time.

Property Documents

567 SW 3 ST-MV-CC-FLYER
  • Address 567, Southwest 3rd Street, Miami, Miami-Dade County, Florida, 33130, United States
  • City Miami
  • State/county Miami-Dade County
  • Zip/Postal Code 33130

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Christopher Carbonell
  • Christopher Carbonell