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140 SW 30th Ct
Miami, FL 33135
Multifamily Property For Sale
·
22 Units
Executive Summary
An excellent opportunity to acquire a 22 unit multifamily building situated in one of Miami’s most sought-after rental markets. The property consists of 22 one-bedroom, one-bathroom units a product in high demand within the local rental market.
Strategically located near Coral Way, Little Havana, Brickell, and Downtown Miami, the asset offers immediate access to employment hubs, public transportation, retail, and dining options, thereby ensuring high occupancy rates and consistent tenant demand.
This property represents a clear value-add opportunity, offering the potential to increase rental income through light renovations and operational optimization, thereby enabling an investor to significantly enhance gross revenue and return on investment.
Strategically located near Coral Way, Little Havana, Brickell, and Downtown Miami, the asset offers immediate access to employment hubs, public transportation, retail, and dining options, thereby ensuring high occupancy rates and consistent tenant demand.
This property represents a clear value-add opportunity, offering the potential to increase rental income through light renovations and operational optimization, thereby enabling an investor to significantly enhance gross revenue and return on investment.
Property Facts
| Price Per Unit | $240,909 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.57 AC |
| Cap Rate | 5.73% | Building Size | 9,506 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 22 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1953 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R-3 - T5-L | ||
| Price Per Unit | $240,909 |
| Sale Type | Investment |
| Cap Rate | 5.73% |
| Sale Condition | 1031 Exchange |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 9,506 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1953 |
| Opportunity Zone |
Yes |
| Zoning | R-3 - T5-L |
Amenities
Unit Amenities
- Air Conditioning
- Family Room
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 22 | $1,750 | - |
Property Taxes
| Parcel Number | 01-4104-013-0080 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,873,231 |
Property Taxes
Parcel Number
01-4104-013-0080
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,873,231
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