Log In/Sign Up
Your email has been sent.
6032 SW 25th St
Miramar, FL 33023
Miramar Apartments · Multifamily Property For Sale
·
15 Units
Investment Highlights
- Rare Opportunity To Acquire Well-Maintained, Turnkey Multifamily Asset In The Miramar Isles Neighborhood Of Miramar
- Extremely Well-Maintained By Professional Operator With Minimal To No Capital Expenditures Needed In Short-Term
- Every Unit Has Been Renovated &Features Open, Spacious Layouts With New Flooring, Cabinetry/Countertops, Stainless Steel Appliances, Updated Bathrooms
- Asset Consists Of 3 Adjacent Buildings (Separately Parceled) On Large 0.93 AC Lot With Favorable Zoning, Offering Stable Income & Future Redevelopment
- All Electrical And Plumbing Has Been Updated
- Prime Miramar Location In Quiet Neighborhood Close To Retailers, Restaurants, Schools, Offices, Etc.
Executive Summary
Miramar Apartments present a compelling multifamily investment opportunity in Miramar, featuring a well-maintained 11,892-square-foot building comprised of 15 residential units. Originally constructed in 1973, the property reflects durable construction and a proven operational history, offering investors a stable, income-producing asset within a consistently performing rental submarket.
The property is currently 100% occupied, providing immediate in-place cash flow and eliminating lease-up risk for a new owner. This full occupancy underscores strong tenant demand and effective management, while also presenting potential upside through strategic rent optimization or operational efficiencies. The unit mix and overall scale are ideal for investors seeking a manageable, mid-size asset with steady performance.
With its established tenancy and solid fundamentals, Miramar Apartments offer both stability and future value-add potential. Investors can benefit from the existing income stream while exploring opportunities to enhance returns through interior upgrades, expense management, or repositioning strategies. This combination of current performance and forward-looking potential makes the property a strong addition to any multifamily portfolio.
The property is currently 100% occupied, providing immediate in-place cash flow and eliminating lease-up risk for a new owner. This full occupancy underscores strong tenant demand and effective management, while also presenting potential upside through strategic rent optimization or operational efficiencies. The unit mix and overall scale are ideal for investors seeking a manageable, mid-size asset with steady performance.
With its established tenancy and solid fundamentals, Miramar Apartments offer both stability and future value-add potential. Investors can benefit from the existing income stream while exploring opportunities to enhance returns through interior upgrades, expense management, or repositioning strategies. This combination of current performance and forward-looking potential makes the property a strong addition to any multifamily portfolio.
Property Facts
| Price Per Unit | $199,667 | Lot Size | 0.94 AC |
| Sale Type | Investment | Building Size | 3,964 SF |
| Cap Rate | 6% | Average Occupancy | 100% |
| No. Units | 15 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1973 |
| Property Subtype | Apartment | Parking Ratio | 0.72/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | MFR - Multi-Family | ||
| Price Per Unit | $199,667 |
| Sale Type | Investment |
| Cap Rate | 6% |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.94 AC |
| Building Size | 3,964 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1973 |
| Parking Ratio | 0.72/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MFR - Multi-Family |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 15 | - | 650 - 700 |
Property Taxes
| Parcel Number | 51-41-25-04-0040 | Improvements Assessment | $674,480 |
| Land Assessment | $94,340 | Total Assessment | $768,820 |
Property Taxes
Parcel Number
51-41-25-04-0040
Land Assessment
$94,340
Improvements Assessment
$674,480
Total Assessment
$768,820
1 of 23
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
