Prime Investment Opportunity: 4,541 SF Hurricane-Proof 16-Unit Apartment Building and 7,393 SF Lot in West Allapattah

  • $3,700,000
2179, Northwest 18th Terrace, Miami, Miami-Dade County, Florida, 33125, United States
  • Multi-family
  • Property Type
  • 16
  • Units
  • 4,541
  • ft²
  • 7,393
  • Lot ft²
For Sale
Prime Investment Opportunity: 4,541 SF Hurricane-Proof 16-Unit Apartment Building and 7,393 SF Lot in West Allapattah
2179, Northwest 18th Terrace, Miami, Miami-Dade County, Florida, 33125, United States
  • $3,700,000

Details

Updated on July 22, 2024 at 6:47 pm
  • Price: $3,700,000
  • Property Size: 4,541 ft²
  • Land Area: 7,393 ft²
  • Units: 16
  • Property Type: Multi-family
  • Property Status: For Sale

Description

Extraordinary investment opportunity in West Allapattah south of the NW 20 ST retail corridor, boasting an exceptional 1960s CBS construction that is hurricane proof. This sixteen (16)-unit apartment building, situated on 17,489 SF lot zoned T4-R with parking, is irreplaceable given existing zoning. Each apartment features a well- designed floor plan with one bedroom and one bath, providing consistency and ease of management. Within walking distance to Curtis Park and its fields, it is also centric to other amenities and locales. Inter Miami CF stadium, 58-acre public park, and entertainment district at Miami Freedom Park scheduled to open in 2025. This is a year-round destination spot. The recreational project will be the largest new park in Miami, soccer and youth athletic fields for the community, a full range of entertainment and commercial offerings including office space, hotel, shops, restaurants and additional experiences and attractions for residents just minutes West of the site. Further, its located near the bustling Miami Intl Airport, Wynwood, Downtown, Brickell and several other employment centers, residents will be motivated to live in this centric and thriving neighborhood that is gaining traction in the vibrant and culturally diverse city that is undergoing a massive transformation. Investing in this area presents an extraordinary opportunity to capitalize on the remarkable surge of growth and development sweeping through the region. Reach out to us now to explore this remarkable property further and unlock the potential it holds for you.

Property Documents

2179 NW 18 TERR-MV-CFM-FLYER
  • Address 2179, Northwest 18th Terrace, Miami, Miami-Dade County, Florida, 33125, United States
  • City Miami
  • State/county Miami-Dade County
  • Zip/Postal Code 33125

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Mauricio Villasuso
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