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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 Number
30-3128-013-3540
Land Assessment
$552,000
Improvements Assessment
$974,936
Total Assessment
$1,526,936
  • Listing ID: 27491110

  • Date on Market: 1/11/2023

  • Last Updated:

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

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