120 SW 8th Ave | Miami, FL 33130
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- LoopNet Team
120 SW 8th Ave
Miami, FL 33130
Ipanema Apartments · Multifamily Property For Sale
·
63 Units
INVESTMENT HIGHLIGHTS
- Prime Location in Little Havana, just West of Brickell. Rare 11 Story Building with Pool & indoor assigned Parking.
- Assumable Debt 2.43% until August 2025, so ACT QUICK. Owner Direct Sale
- Majority 2 bedroom + 2 bathroom units. All units have Balconies, Washer & Dryers.
PROPERTY FACTS
| No. Units | 63 | Building Size | 118,256 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 11 |
| Apartment Style | Mid-Rise | Year Built | 2010 |
| Building Class | B | Parking Ratio | 0.85/1,000 SF |
| Lot Size | 0.48 AC | ||
| Zoning | 6110 - multi family residential zone | ||
| No. Units | 63 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.48 AC |
| Building Size | 118,256 SF |
| Average Occupancy | 100% |
| No. Stories | 11 |
| Year Built | 2010 |
| Parking Ratio | 0.85/1,000 SF |
| Zoning | 6110 - multi family residential zone |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Washer/Dryer
- Tile Floors
- Intercom
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Pool
- Storage Space
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1.5 | 21 | $1,800 | 750 |
| 2+2 | 42 | $2,400 | 850 |
PROPERTY TAXES
| Parcel Number | 01-4138-003-2630 | Improvements Assessment | $10,987,550 |
| Land Assessment | $2,712,450 | Total Assessment | $13,700,000 |
PROPERTY TAXES
Parcel Number
01-4138-003-2630
Land Assessment
$2,712,450
Improvements Assessment
$10,987,550
Total Assessment
$13,700,000
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