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Springs Town Center 1 Curtiss Pky 51 Unit Apartment Building For Sale Miami Springs, FL 33166
Investment Highlights
- Newly Constructed (2024) Institutional-Quality Mixed-Use Asset Requiring minimal near-term Capital Expenditures
- 23,073 Square Feet of Commercial (12 suites), Fully Leased at ~$34 per Square Foot NNN (see rent roll)
- (40) Two-Bedrooms, (11) Three-Bedroom Apartments, Averaging 984 SF with In-Place Rent of $3,114 per month
- Walkable Miami Springs location minutes from Miami International Airport and major employment centers
Executive Summary
Springs Town Center was constructed in 2024 and consists of 73,267 square feet of leasable area with 127 parking spaces, including 97 structured garage spaces and 30 on-street spaces. The 51 apartments consists of (40) two-bedroom/two-bathroom units averaging 918 square feet and (11) three-bedroom/three-bathroom units averaging 1,226 square feet. The property also includes (12) commercial suites totaling 23,073 square feet leasable.
Springs Town Center is located in the heart of Miami Springs, Florida, with a walk score of 93 (walker’s paradise), offering residents convenient access to numerous cafes, restaurants, retailers and service providers. The surrounding 5-mile area reports an average household income of $77,616. The property is also a short drive to Miami International Airport (2.6 miles), Hialeah Park Casino (2.6 miles), Miami Freedom Park & Soccer Village (3.4 miles), LoanDepot Park (5.1 miles), and Downtown Miami (9 miles).
Surrounding area retailers and points of interest include Starbucks, AT&T, Metro PCS, UPS Store, Coverall Medical Center, and Jimmy John’s (+/- 100 feet), CVS (0.1 miles), Circle Park (0.2 miles), Milam’s Market (0.2 miles), Publix Super Market at Hialeah (0.2 miles), Truist Bank (0.2 miles), Sushi Saki (0.3 miles), Miami Springs Farmers Market (0.3 miles), Walgreens Pharmacy (0.5 miles) and Miami Springs Golf & Country Club (0.8 miles).
Nearby educational facilities include Miami Springs Elementary School (0.4 miles), South Hialeah Elementary School (0.5 miles), Miami Springs Middle School (0.8 miles), and Miami Springs Senior High School (1.0 miles).
Springs Town Center is located in the heart of Miami Springs, Florida, with a walk score of 93 (walker’s paradise), offering residents convenient access to numerous cafes, restaurants, retailers and service providers. The surrounding 5-mile area reports an average household income of $77,616. The property is also a short drive to Miami International Airport (2.6 miles), Hialeah Park Casino (2.6 miles), Miami Freedom Park & Soccer Village (3.4 miles), LoanDepot Park (5.1 miles), and Downtown Miami (9 miles).
Surrounding area retailers and points of interest include Starbucks, AT&T, Metro PCS, UPS Store, Coverall Medical Center, and Jimmy John’s (+/- 100 feet), CVS (0.1 miles), Circle Park (0.2 miles), Milam’s Market (0.2 miles), Publix Super Market at Hialeah (0.2 miles), Truist Bank (0.2 miles), Sushi Saki (0.3 miles), Miami Springs Farmers Market (0.3 miles), Walgreens Pharmacy (0.5 miles) and Miami Springs Golf & Country Club (0.8 miles).
Nearby educational facilities include Miami Springs Elementary School (0.4 miles), South Hialeah Elementary School (0.5 miles), Miami Springs Middle School (0.8 miles), and Miami Springs Senior High School (1.0 miles).
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer
- Kitchen
- Refrigerator
- Tub/Shower
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Controlled Access
- Fitness Center
- Property Manager on Site
- Tenant Controlled HVAC
- Elevator
- Maintenance on site
- Online Services
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 40 | - | 918 |
| 3+3 | 11 | - | 1,226 |
Very walkable
80/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 05-3119-013-0030 | Improvements Assessment | $18,593,500 |
| Land Assessment | $2,506,500 | Total Assessment | $21,100,000 |
Property Taxes
Parcel Number
05-3119-013-0030
Land Assessment
$2,506,500
Improvements Assessment
$18,593,500
Total Assessment
$21,100,000
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