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120 SW 20th Ave 6 Unit Apartment Building $1,499,000 ($249,833/Unit) 5.34% Cap Rate Miami, FL 33135
EXECUTIVE SUMMARY
Great investment opportunity - 6 Unit Multi-family 2-story building consists of three 1 bedroom/1 bathroom studios; one 1 bedroom/1 bathroom apartment and two 2 bedroom/1 bathroom apartments (2nd level)in Little Havana. This building has lots of potential and excellent zoning. Recently painted, renovated units, new roof and impact windows (2020-2022); recertification (2023), fully rented, no leases. Quiet neighborhood, progressing, new builds in area. Call: 305-978-7812.
PROPERTY FACTS
| Price | $1,499,000 | Apartment Style | Low-Rise |
| Price Per Unit | $249,833 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 5.34% | Building Size | 2,304 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1941/2024 |
| Zoning | T6-8-O - Highly Favorable T6-8-O Zoning, Offering Endless Possibilities for Maximizing ROI with Open Zoning. | ||
| Price | $1,499,000 |
| Price Per Unit | $249,833 |
| Sale Type | Investment |
| Cap Rate | 5.34% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 2,304 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1941/2024 |
| Zoning | T6-8-O - Highly Favorable T6-8-O Zoning, Offering Endless Possibilities for Maximizing ROI with Open Zoning. |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Microwave
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Lawn
- Smoke Free
- Vinyl Flooring
- Window Coverings
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $1,400 | - |
| 2+1 | 2 | $1,900 | - |
1 1
Walk Score®
Very Walkable (87)
PROPERTY TAXES
| Parcel Number | 01-4103-014-2970 | Improvements Assessment | $108,969 |
| Land Assessment | $534,600 | Total Assessment | $643,569 |
PROPERTY TAXES
Parcel Number
01-4103-014-2970
Land Assessment
$534,600
Improvements Assessment
$108,969
Total Assessment
$643,569
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Presented by
Toca Fernandez Investments Llc
120 SW 20th Ave
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