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3080 1 St - Four Units in Excellent Area of Miami. 4 Unit Apartment Building Offered at $1,400,000 at a 5% Cap Rate Miami, FL 33135
EXECUTIVE SUMMARY
Excellent opportunity to acquire a fourplex located in one of Miami's most central and sought-after areas, just minutes from Brickell, Downtown, Coral Gables, and Little Havana.
The property offers great flexibility: ideal for both an owner-occupant looking to live in one unit and rent out the others, and for an investor interested in stable income and long-term appreciation.
Strategic location with easy access to major road High rental demand in the area
Well-designed fourplex, ideal for maximizing income Area with strong growth and continuous development
Opportunity for house hacking or building an investment portfolio
Close to restaurants, shops, transportation, and financial centers
A versatile property that combines urban lifestyle with investment potential in a strong and dynamic market.
The property offers great flexibility: ideal for both an owner-occupant looking to live in one unit and rent out the others, and for an investor interested in stable income and long-term appreciation.
Strategic location with easy access to major road High rental demand in the area
Well-designed fourplex, ideal for maximizing income Area with strong growth and continuous development
Opportunity for house hacking or building an investment portfolio
Close to restaurants, shops, transportation, and financial centers
A versatile property that combines urban lifestyle with investment potential in a strong and dynamic market.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,400,000 | Property Type | Multifamily |
| Price Per Unit | $350,000 | Building Size | 2,494 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5% | Year Built | 1952 |
| Sale Condition | Build to Suit | Opportunity Zone |
Yes
|
| No. Units | 4 | ||
| Zoning | T5-L - 6107 - RESIDENTIAL-MEDIUM RETAIL | ||
| Price | $1,400,000 |
| Price Per Unit | $350,000 |
| Sale Type | Investment |
| Cap Rate | 5% |
| Sale Condition | Build to Suit |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Size | 2,494 SF |
| No. Stories | 1 |
| Year Built | 1952 |
| Opportunity Zone |
Yes |
| Zoning | T5-L - 6107 - RESIDENTIAL-MEDIUM RETAIL |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $1,750 | 624 |
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3080 1 St - Four Units in Excellent Area of Miami.
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