931 SW 3rd St, Miami, FL 33130

Opis nieruchomości — 931 SW 3rd St, Miami, FL 33130

Rare Urban Garden Apartment Community in the Heart of East Little Havana. Spanning 2.16 acres across two contiguous parcels totaling 79 units and 58,260 SF of building area, this community offers operational scale, enduring land value, & a residential character difficult to replicate in Miami's urban core. Presenting a rare opportunity to acquire a 79-unit garden apartment community spanning 2.16 acres — an increasingly scarce combination of scale, land, & low-density residential character within Miami's urban core. Originally developed in 1947, the property consists of multiple residential structures in a garden- style setting distinguished by expansive open areas, mature landscaping, and generous green space. The property features a diversified unit mix of 29 two-bedroom residences, 46 one-bedroom residences, and 4 studio apartments, providing broad tenant appeal and durable leasing flexibility. The site's configuration and significant land component create a setting that is increasingly difficult to replicate under today's development conditions. With current in-place gross income of $1,336,754 and pro forma gross income of $1,990,800, the portfolio presents a compelling value- add opportunity with clear rent upside — units currently average below market, offering an investor a 5.93% pro forma cap rate. Residents benefit from convenient access to employment centers while remaining immersed in the culture, dining, and everyday conveniences that define Little Havana.

Opis oryginalny z MLS (w języku angielskim).

Szczegóły nieruchomości — 931 SW 3rd St, Miami, FL 33130

Basen prywatny

Nie

Informacje o budynku — 931 SW 3rd St, Miami, FL 33130

Powierzchnia budynku

58260

Jednostka powierzchni

Stopy kwadratowe (sq ft)

Wspólnota (HOA)

Nie

Informacje o działce i budowie — 931 SW 3rd St, Miami, FL 33130

Powierzchnia działki (sq ft)

94,134

Nad wodą

Nie

Widok

Nie

Nowe budownictwo

Nie

Dane z rejestrów publicznych — 931 SW 3rd St, Miami, FL 33130

Numer działki (folio)

01-41-38-003-1340

Opis prawny (rejestr)

RIVERVIEW PB 5-43 LOT 3 & E31FT OF LOT 4 & ALL LOTS 12 THRU 20 BLK L OR 19521-3874 0201 2 (2)

Strefa zagospodarowania

T4-R

Hrabstwo

Hrabstwo Miami-Dade

Lokalizacja