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5 Units in the middle of Miami. 77 Northwest Blvd 4 Unit Apartment Building $1,025,000 ($256,250/Unit) 6.74% Cap Rate Miami, FL 33126
INVESTMENT HIGHLIGHTS
- Prime location for long-term tenants
EXECUTIVE SUMMARY
FOR SALE – Fiveplex at 77 Northwest Blvd – $1,100,000 Incredible investment opportunity in a well-located multi-family property! This five plex features 5 separate units, making it ideal for steady rental income. Unit Breakdown: 4 units: 1 bed / 1 bath, 1 unit: 3 beds / 1 bath, Total: 7 bedrooms | 5 bathrooms, Excellent rental income potential. Great fit for investors or owner-occupiers, Address: 77 Northwest Blvd Miami, FL 33126
PROPERTY FACTS
| Price | $1,025,000 | Building Class | C |
| Price Per Unit | $256,250 | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 8,250 SF |
| Cap Rate | 6.74% | No. Stories | 1 |
| No. Units | 4 | Year Built | 1988 |
| Property Type | Multifamily | Parking Ratio | 0.48/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RU-2 - Multifamily | ||
| Price | $1,025,000 |
| Price Per Unit | $256,250 |
| Sale Type | Investment |
| Cap Rate | 6.74% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 8,250 SF |
| No. Stories | 1 |
| Year Built | 1988 |
| Parking Ratio | 0.48/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RU-2 - Multifamily |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $1,500 | 600 |
| Studios | 1 | $1,025 | 400 - 500 |
| 3+1 | 1 | $2,800 | 931 |
1 1
Walk Score®
Very Walkable (78)
PROPERTY TAXES
| Parcel Number | 30-4002-009-1481 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $325,638 |
PROPERTY TAXES
Parcel Number
30-4002-009-1481
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$325,638
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5 Units in the middle of Miami. | 77 Northwest Blvd
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