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1521 NW 61st St
Miami, FL 33142
M & M Maison Townhomes · Multifamily Property For Sale
·
30 Units
Investment Highlights
- Convenient location near Interstate 95 offers rapid access to Downtown Miami and regional highways
- Surrounding retail such as Edison Plaza and Liberty City Shoppes enhances neighborhood services and resident experience
- Close proximity to major institutions including Miami Dade College and University of Miami Health, fueling ongoing tenant demand
- Situated within an evolving neighborhood featuring a vibrant dining scene and urban revitalization initiatives
Executive Summary
M&M Maison Townhomes offers a rare opportunity to acquire a fee-simple multifamily property within Miami’s dynamic Liberty City neighborhood. Located just six miles north of Downtown Miami, the property benefits from convenient proximity to Interstate 95, enabling quick access to major business, cultural, and entertainment hubs across the city. The community is near Miami International Airport—approximately 20 minutes away—and enjoys close connectivity to commuter rail stations and essential service corridors, ensuring high tenant appeal and mobility.
Surrounded by diverse dining options and established shopping centers such as Edison Plaza and Shoppes of Liberty City, the property is positioned to attract residents seeking affordability coupled with accessibility to the vibrant Miami lifestyle. Nearby colleges and universities, including Miami Dade College and University of Miami Health systems, contribute to strong demand from students and medical professionals. The area’s steady housing needs and development patterns underscore the potential for operational upside and long-term appreciation. This townhome community represents a compelling investment in a workforce housing submarket marked by consistent occupancy and continued growth in household formation.
Surrounded by diverse dining options and established shopping centers such as Edison Plaza and Shoppes of Liberty City, the property is positioned to attract residents seeking affordability coupled with accessibility to the vibrant Miami lifestyle. Nearby colleges and universities, including Miami Dade College and University of Miami Health systems, contribute to strong demand from students and medical professionals. The area’s steady housing needs and development patterns underscore the potential for operational upside and long-term appreciation. This townhome community represents a compelling investment in a workforce housing submarket marked by consistent occupancy and continued growth in household formation.
Property Facts
| Price Per Unit | $160,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.22 AC |
| Cap Rate | 7.26% | Building Size | 20,840 SF |
| No. Units | 30 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1990 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | SD-1.1 - Special District | ||
| Price Per Unit | $160,000 |
| Sale Type | Investment |
| Cap Rate | 7.26% |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.22 AC |
| Building Size | 20,840 SF |
| No. Stories | 3 |
| Year Built | 1990 |
| Opportunity Zone |
Yes |
| Zoning | SD-1.1 - Special District |
Amenities
Unit Amenities
- Balcony
- Kitchen
- Oven
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1.5 | 24 | - | - |
Property Taxes
| Parcel Number | 01-3114-035-2050 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,954,820 |
Property Taxes
Parcel Number
01-3114-035-2050
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,954,820
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