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40 U. Renovation Opportunity in Little Havana 326 SW 13th Ave 40 Unit Apartment Building $8,000,000 ($200,000/Unit) Miami, FL 33135
Investment Highlights
- 40-unit multifamily renovation opportunity
- Approved plans in place, reducing entitlement risk and time to execution
- Assemblage of multiple buildings, offering redevelopment and design flexibility
- Delivered 100% vacant – no tenant relocation required
- Prime Little Havana location with strong long-term rental fundamentals
- Ideal for value-add investors, developers, or family offices
Executive Summary
326 SW 13th Ave presents a rare opportunity to acquire a fully vacant, 40-unit multifamily assemblage in the heart of Little Havana, one of Miami’s most established and culturally vibrant neighborhoods. The property consists of multiple structures across a contiguous site, offering investors and developers flexibility to execute a value-add renovation strategy or reposition the asset with approved plans already in place.
The offering includes two side-by-side, three-story 18-unit buildings, complemented by one one-story duplex and one two-story duplex, creating a diversified building mix within a single investment. The property is being delivered fully vacant, allowing a buyer to immediately commence renovations without tenant displacement, lease roll risk, or income interruption.
Located in the urban core of Little Havana, the property benefits from strong rental demand, proximity to Downtown Miami, Brickell, and major employment corridors, and excellent access to transit, dining, retail, and cultural amenities
The offering includes two side-by-side, three-story 18-unit buildings, complemented by one one-story duplex and one two-story duplex, creating a diversified building mix within a single investment. The property is being delivered fully vacant, allowing a buyer to immediately commence renovations without tenant displacement, lease roll risk, or income interruption.
Located in the urban core of Little Havana, the property benefits from strong rental demand, proximity to Downtown Miami, Brickell, and major employment corridors, and excellent access to transit, dining, retail, and cultural amenities
Property Facts
| Price | $8,000,000 | Apartment Style | Low-Rise |
| Price Per Unit | $200,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.34 AC |
| Sale Condition | High Vacancy Property | Building Size | 24,986 SF |
| No. Units | 40 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1924 |
| Property Subtype | Apartment | ||
| Zoning | T4-L - Low-rise, mixed use | ||
| Price | $8,000,000 |
| Price Per Unit | $200,000 |
| Sale Type | Investment |
| Sale Condition | High Vacancy Property |
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 24,986 SF |
| No. Stories | 3 |
| Year Built | 1924 |
| Zoning | T4-L - Low-rise, mixed use |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 16 | - | - |
| 1+1 | 24 | - | - |
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Walk Score®
Walker's Paradise (94)
Property Taxes
| Parcel Number | 01-4102-006-3790 | Improvements Assessment | $12,881 |
| Land Assessment | $1,125,000 | Total Assessment | $1,137,881 |
Property Taxes
Parcel Number
01-4102-006-3790
Land Assessment
$1,125,000
Improvements Assessment
$12,881
Total Assessment
$1,137,881
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40 U. Renovation Opportunity in Little Havana | 326 SW 13th Ave
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