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Executive Summary
Prime Allapattah–Health District location surrounded by major
residential and institutional growth.
• ±4,932 SF single-story structure on a 12,155 SF lot, offering ample yard and parking area.
• Immediate rental income with the opportunity to add more units for higher cash flow.
• Rare opportunity in an undersupplied corridor, minutes from Downtown Miami, SR-836, and Jackson Memorial Hospital.
• Income-producing asset with value-add potential generating strong cash flow with the option to add more units.
• Attractive upside — within walking distance to Miami’s expanding Health District, a major economic engine attracting steady housing demand from medical professionals, researchers, and hospital staff.
• Flexible residential configurations - including long-term rental housing, short-term rentals (per code compliance), or phased redevelopment to capitalize on market growth.
• Large 12,155 SF lot with strong fundamentals — deep footprint, on-site parking, and ample open space for expansion or additional structures (subject to City approval).
• Surrounded by accelerating neighborhood investment — nearby renovations, small multifamily infill, and infrastructure upgrades continue to push rental rates and land values upward.
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BROKER REGISTRATION REQUIRED. Cooperating brokers must register their client in writing with Chariff Realty Group prior to the first tour, inquiry, or submission of an offer. A signed exclusive representation agreement and written acknowledgment by Chariff are required before any commission claim will be considered. No retroactive registrations accepted. By engaging with the property or requesting information, you acknowledge and agree to Chariff's full terms at chariff.com/privacypolicy/, including the Broker Representation & Commission Eligibility provisions.
residential and institutional growth.
• ±4,932 SF single-story structure on a 12,155 SF lot, offering ample yard and parking area.
• Immediate rental income with the opportunity to add more units for higher cash flow.
• Rare opportunity in an undersupplied corridor, minutes from Downtown Miami, SR-836, and Jackson Memorial Hospital.
• Income-producing asset with value-add potential generating strong cash flow with the option to add more units.
• Attractive upside — within walking distance to Miami’s expanding Health District, a major economic engine attracting steady housing demand from medical professionals, researchers, and hospital staff.
• Flexible residential configurations - including long-term rental housing, short-term rentals (per code compliance), or phased redevelopment to capitalize on market growth.
• Large 12,155 SF lot with strong fundamentals — deep footprint, on-site parking, and ample open space for expansion or additional structures (subject to City approval).
• Surrounded by accelerating neighborhood investment — nearby renovations, small multifamily infill, and infrastructure upgrades continue to push rental rates and land values upward.
---
BROKER REGISTRATION REQUIRED. Cooperating brokers must register their client in writing with Chariff Realty Group prior to the first tour, inquiry, or submission of an offer. A signed exclusive representation agreement and written acknowledgment by Chariff are required before any commission claim will be considered. No retroactive registrations accepted. By engaging with the property or requesting information, you acknowledge and agree to Chariff's full terms at chariff.com/privacypolicy/, including the Broker Representation & Commission Eligibility provisions.
Property Facts
| Sale Type | Investment | Building Class | C |
| No. Units | 3 | Lot Size | 0.28 AC |
| Property Type | Multifamily | Building Size | 4,824 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1983 |
| Zoning | T3-O | ||
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 4,824 SF |
| No. Stories | 1 |
| Year Built | 1983 |
| Zoning | T3-O |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Bicycle Storage
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
1 1
Exceptionally walkable
90/100
Fairly drivable
50/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 01-3134-015-0580 | Improvements Assessment | $369,920 |
| Land Assessment | $486,200 | Total Assessment | $856,120 |
Property Taxes
Parcel Number
01-3134-015-0580
Land Assessment
$486,200
Improvements Assessment
$369,920
Total Assessment
$856,120
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