1920-1930 NW 29th St | Miami, FL 33142
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- LoopNet Team
1920-1930 NW 29th St
Miami, FL 33142
1910-1930 NW 29th Street · Multifamily Property For Sale
·
24 Units
Investment Highlights
- Located within a Qualified Opportunity Zone (QOZ) directly adjacent to parks & schools
- All 40-year recertification(s) completed including brand new roofs on all three (3) structures
- Fully-renovated and hassle-free, featuring impact glass, clean modern facades, laundry facilities, new A/C units, and durable upgraded finishes
- Expansive 1-acre footprint offers immediate scale and flexibility for long-term investors
- Fully-stabilized & consistent in-place cash-flow with annual gross and net income in excess of $500K and $370K, with available upside to raise rents
- Steady 100% occupancy with waiting list, currently with five (5) Section 8 and (19) market-rate tenancies
Property Facts
| No. Units | 24 | Building Size | 13,248 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1958/2023 |
| Building Class | C | Parking Ratio | 2.26/1,000 SF |
| Lot Size | 1.00 AC | ||
| Zoning | T4-R - Multi-family housing, max density: 36 units per acre, max height: 4 stories | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 13,248 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1958/2023 |
| Parking Ratio | 2.26/1,000 SF |
| Zoning | T4-R - Multi-family housing, max density: 36 units per acre, max height: 4 stories |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Washer/Dryer
- Kitchen
- Refrigerator
- Stainless Steel Appliances
- Yard
- Lawn
- Patio
- Skylights
Site Amenities
- Courtyard
- Laundry Facilities
- Gated
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | 400 |
| 1+1 | 15 | - | 566 |
| 2+1 | 3 | - | 785 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $903,434 | |
| Land Assessment | $1,455,200 | Total Assessment | $2,358,634 |
Property Taxes
Parcel Numbers
Land Assessment
$1,455,200
Improvements Assessment
$903,434
Total Assessment
$2,358,634
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