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140 SW 30th Ct 18 Unit Apartment Building $5,300,000 ($294,444/Unit) 5.43% Cap Rate Miami, FL 33135
Investment Highlights
- Over half an acre of land in a central infill location.
- Convenient access to major roadways and public transportation.
- 18 residential units with dedicated parking.
- Seller Financing option with great terms
Executive Summary
Welcome to Flagler Villas, a rare multifamily investment opportunity situated on over ½ acre of land in the heart of Miami, just off West Flagler Street and SW 30th Avenue.
This well-maintained property features 18 first-floor units, each offering 1 bedroom and 1 bathroom with spacious layouts that include a living room, dining area, galley-style kitchen, large bedroom, and a private backyard space. Every unit is assigned its own dedicated parking space, and the property enjoys consistently high occupancy with little to no vacancy, making it an exceptional income-producing asset.
The seller is highly motivated and is willing to offer seller financing with a low down payment and attractive terms for qualified buyers, creating an outstanding opportunity for both investors and developers.
For those seeking additional redevelopment potential, the adjacent fourplex located at 3080 SW 1st Street is also available for purchase. Combined, both properties offer over 32,000 square feet of land, presenting a rare opportunity for future redevelopment in one of Miami's rapidly growing neighborhoods.
Please do not disturb the tenants. Showings are by appointment only. Contact the listing agent for additional information and financing details.
This well-maintained property features 18 first-floor units, each offering 1 bedroom and 1 bathroom with spacious layouts that include a living room, dining area, galley-style kitchen, large bedroom, and a private backyard space. Every unit is assigned its own dedicated parking space, and the property enjoys consistently high occupancy with little to no vacancy, making it an exceptional income-producing asset.
The seller is highly motivated and is willing to offer seller financing with a low down payment and attractive terms for qualified buyers, creating an outstanding opportunity for both investors and developers.
For those seeking additional redevelopment potential, the adjacent fourplex located at 3080 SW 1st Street is also available for purchase. Combined, both properties offer over 32,000 square feet of land, presenting a rare opportunity for future redevelopment in one of Miami's rapidly growing neighborhoods.
Please do not disturb the tenants. Showings are by appointment only. Contact the listing agent for additional information and financing details.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$356,400
|
$37.49
|
| Other Income |
$3,600
|
$0.38
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$360,000
|
$37.87
|
| Taxes |
$40,200
|
$4.23
|
| Operating Expenses |
$32,000
|
$3.37
|
| Total Expenses |
$72,200
|
$7.60
|
| Net Operating Income |
$287,800
|
$30.28
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $356,400 |
| Annual Per SF | $37.49 |
| Other Income | |
|---|---|
| Annual | $3,600 |
| Annual Per SF | $0.38 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $360,000 |
| Annual Per SF | $37.87 |
| Taxes | |
|---|---|
| Annual | $40,200 |
| Annual Per SF | $4.23 |
| Operating Expenses | |
|---|---|
| Annual | $32,000 |
| Annual Per SF | $3.37 |
| Total Expenses | |
|---|---|
| Annual | $72,200 |
| Annual Per SF | $7.60 |
| Net Operating Income | |
|---|---|
| Annual | $287,800 |
| Annual Per SF | $30.28 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Security System
- Kitchen
- Refrigerator
- Oven
- Family Room
- Smoke Free
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 18 | $1,675 | 735 |
1 1
Very walkable
80/100
Fairly drivable
40/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 01-4104-013-0080 | Total Assessment | $1,873,231 |
| Land Assessment | $0 | Annual Taxes | $40,200 ($4.23/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Parcel Number
01-4104-013-0080
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,873,231
Annual Taxes
$40,200 ($4.23/SF)
Tax Year
2025
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Contact the Sale Advisor
140 SW 30th Ct