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126 SW 21st Ave 6 Unit Apartment Building $1,775,000 ($295,833/Unit) 7.21% Cap Rate Miami, FL 33135
Executive Summary
This excellent six-unit building is located in West Little Havana one block from Publix. Constructed in 1995 it features impact windows and doors, as well as central air conditioning and tile floors. The unit mix consists of two 1-bedroom/1-bath units and four 2-bedroom/1-bath units. The property is very well maintained and offers off-street parking. All units include washer and dryer hookups. Both the kitchens and bathrooms have been remodeled in most of the units, and the 10-year certification was successfully completed in 2025. Great opportunity to own a turnkey asset in the West Little Havana market.
Property Facts
| Price | $1,775,000 | Apartment Style | Low-Rise |
| Price Per Unit | $295,833 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 7.21% | Building Size | 4,258 SF |
| Gross Rent Multiplier | 11.76 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1995 |
| Property Subtype | Apartment | Parking Ratio | 1.64/1,000 SF |
| Zoning | R-3 | ||
| Price | $1,775,000 |
| Price Per Unit | $295,833 |
| Sale Type | Investment |
| Cap Rate | 7.21% |
| Gross Rent Multiplier | 11.76 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 4,258 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1995 |
| Parking Ratio | 1.64/1,000 SF |
| Zoning | R-3 |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Cable Ready
- Washer/Dryer
- Washer/Dryer Hookup
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Garden
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $2,200 | 650 - 700 |
| 1+1 | 2 | $1,780 | 400 - 450 |
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Exceptionally walkable
90/100
Fairly drivable
40/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 01-4103-014-3140 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $643,328 |
Property Taxes
Parcel Number
01-4103-014-3140
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$643,328
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Select Properties of America, Inc.
126 SW 21st Ave
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