FOR SALE

34-unit multifamily property ideally located in the heart of Miami

1001 NW 45th Ave.

Miami, FL 33126

Great opportunity to acquire a 34-unit multifamily property ideally located in the heart of Miami.

Property Summary

• Price: $9,700,000

• 29,308 sq. ft. Building

• 40,950 sq. ft. Lot

• Built in 1970

• On-site Parking

• T5-R Zoned

Property Overview

The property sits on a 40,950 sq. ft. lot zoned T5-R, offering excellent redevelopment potential. Built in 1970, this two-story CBS construction features a mix of (16) 2-Bed/1-Bath and (18) 1 Bed/1 Bath apartments. Each unit offers spacious living and dining areas, tile flooring, abundant natural light, balconies, and central A/C. Tenants enjoy on-site parking (one assigned space per unit plus visitor parking) and laundry facilities for added convenience.

The property has successfully passed the 40-year recertification. This is a prime value-add or long-term hold investment opportunity in one of Miami’s most sought-after urban core.

Flagami, a lovely neighborhood located in Miami, west border of the City. This location has tons of character and unique diversity. Community is a mixture of Cubans and South American who are older and well-established. This location is mainly a residential neighborhood with a variety of owners and renters. Another great attribute this area offers is a low vacancy rate compared to many other neighborhoods in U.S. The property is very accessible, minutes from shops, restaurants, universities, expressways & airport.

Property Photos

For more information, contact:

Sharif Bula

Principal Broker & Managing Partner

305-244-3880

sbula@eleventrust.com

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