1895 NW 35th St, Miami FL 33142

About This Property

Eco Stone Group Investments is pleased to present a 20 unit multifamily, located on 1895 NW 35th Street, Miami FL 33142 in the heart of Allapattah, the largest epicenter for the Hispanic community. It’s density and desirability of tenants has allowed for a rapid growth in rents and capital appreciation for the area. It’s close proximity to Miami’s Prime destinations like the Miami International Airport, The Marlins Stadium, multiple supermarkets, easy access to pubic transportation, expressways and mayor highways has created a huge demand for both tenants and landlords. With 20 separate units of 1 bedrooms and 1 bathroom (approx. 500 sq.ft.) all very large units for the average of the area all with separate electric meters. 80% of the units have been renovated and a parking space for each of the units. Furthermore this property is zone T6-8O allows you to build up to 75 unit and its and opportunity zone offering tremendous tax incentive. Cap rate 8% See attached brochure!!!!

Property Details

Property Type

Income/MultiFamily

Status

Active

MLS #

A12087688

Building Area

11,000 SF

Lot Size

21,867 SF

Year Built

1969

Zoning

6100

Days on Market

6

Price

$3,700,000