This Multifamily Property is no longer advertised on LoopNet.com.

3525 NW 35th Ave
Miami, FL 33142
The Palms Miami · Multifamily Property For Sale · 14 Units

Investment Highlights

  • New Roofs Replaced in 2018 and 2022 with Active Warranty
  • New Drain Fields in 2018
  • Completely Painted in May 2022
  • Value-Add Opportunity Through Interior and Exterior Renovation Achieving Significant Upside in Rental Income
  • 40/50 Year Building Recertification Completed in 2018
  • New Appliances In 50% Of The Units

Property Facts

No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.48 AC
Building Size 5,388 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1974/2021
Parking Ratio 3.34/1,000 SF
Zoning RU-4A & RU-3B

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 3 - 500 - 538
1+1 9 - 538 - 550
2+1 2 - 900 - 991

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 30-3128-013-3540
  • 30-3128-013-3560
Land Assessment
$807,300
Improvements Assessment
$1,198,494
Total Assessment
$2,005,794
  • Listing ID: 27491110

  • Date on Market: 1/11/2023

  • Last Updated:

  • Address: 3525 NW 35th Ave, Miami, FL 33142

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