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400-420 NW South River Dr
Miami, FL 33128
River Edge Apartments · Multifamily Property For Sale
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11 Units
Investment Highlights
- Located along South River Drive with unique river views and direct access to one of Miami’s fastest-developing corridors.
- Fully occupied with in-place cash flow and potential for rent increases through interior renovations, as current rents are below market averages.
- Easy access to I-95, US-1, public transit, and major retail and dining destinations, enhancing long-term tenant retention.
- Minutes from Downtown, Brickell, and the Health District, offering strong tenant demand and connectivity to major employment hubs.
- Positioned in a culturally rich and historically significant neighborhood undergoing rapid redevelopment and gentrification.
Property Facts
| No. Units | 11 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 6,946 SF |
| Property Subtype | Apartment | Average Occupancy | 90% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | B | Year Built | 1923 |
| Zoning | T5-L - higher density mixed-use building type | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 6,946 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1923 |
| Zoning | T5-L - higher density mixed-use building type |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | - | 607 - 771 |
| 3+1 | 1 | - | 607 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $736,762 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$736,762
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