This Multifamily Property is Off-Market.

3500 NW 3 AVE
MIAMI, FL 33127 ·

8 Units · Multifamily For Sale

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3500 NW 3 AVE

Price N/A Property Use Type Investment
No. Units 8 Cap Rate 5.52%
Building Size 4,031 SF No. Stories 2
Property Type Multifamily Year Built 1956
Property Sub-type Garden/Low-Rise Lot Size 6,950 SF
Listing ID: 14638485 Date Created: 05/26/2006 Last Updated: 03/19/2008

Description

This 8 unit multi-family building is located in the Wynwood Fashion District, close to The Shops at Midtown with major retailers such as Target, Bed, Bath & Beyond and Circuit City. The neighborhood has been going through its own revival over the past 3 years so this is an excellent opportunity to purchase!

The building features 2 story concrete construction, terrazzo floors on both stories, a roof in good condition, well-maintained units, and good income. The building has good conversion potential.

This property is located three blocks west of The Shops at Midtown, and one block south of 36th street. 36th street is one of only four roadways that travels from the very west most part of Miami all the way to the beach.

Highlights

  • Good Income
  • Three blocks west of The Shops at Midtown
  • Terrazo floors
  • Units maintained
  • New roof installed at purchase

Research

3500 NW 3 AVE, MIAMI, FL 33127 (Miami-Dade County)

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