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2412 NW 58th St
Miami, FL 33142
Multifamily Property For Sale
·
32 Units
Investment Highlights
- Located in an Opportunity Zone, providing significant tax incentive potential for qualifying investors
- Desirable location near major highways, just minutes from Miami International Airport, Downtown, and Wynwood
- Composed of 32 apartment units across a single-level garden-style layout on a 1.41-acre lot
- Positioned in a neighborhood with continual rental demand and strong occupancy trends within the Miami metro area
Executive Summary
This 32-unit apartment community in Miami offers a rare investment opportunity in a federally designated Opportunity Zone, allowing potential buyers to access tax advantages while capitalizing on the growing rental demand in South Florida. Spanning over 24,000 square feet on a 1.41-acre site, the property includes a mix of one-bedroom units and features on-site property management, 24-hour access, and proximity to public transportation.
The centrally located asset provides convenient access to major roadways such as I-95 and SR 112, connecting residents quickly to Downtown Miami, Wynwood, and Miami International Airport. Situated in Brownsville, this submarket benefits from strong tenant demand driven by employment hubs, nearby healthcare facilities, and expanding retail corridors. The community includes essential amenities such as air conditioning, heating, and in-unit appliances. Current operational performance, coupled with potential value-add strategies, makes this property well-positioned for both steady income and long-term appreciation.
The centrally located asset provides convenient access to major roadways such as I-95 and SR 112, connecting residents quickly to Downtown Miami, Wynwood, and Miami International Airport. Situated in Brownsville, this submarket benefits from strong tenant demand driven by employment hubs, nearby healthcare facilities, and expanding retail corridors. The community includes essential amenities such as air conditioning, heating, and in-unit appliances. Current operational performance, coupled with potential value-add strategies, makes this property well-positioned for both steady income and long-term appreciation.
Property Facts
| Price Per Unit | $160,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.41 AC |
| No. Units | 32 | Building Size | 24,360 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1949 |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Zoning | 5700 | ||
| Price Per Unit | $160,000 |
| Sale Type | Investment |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.41 AC |
| Building Size | 24,360 SF |
| No. Stories | 1 |
| Year Built | 1949 |
| Opportunity Zone |
Yes |
| Zoning | 5700 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Property Manager on Site
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 17 | - | - |
Property Taxes
| Parcel Number | 30-3115-028-0020 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,383,554 |
Property Taxes
Parcel Number
30-3115-028-0020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,383,554
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