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39
Home61's Closings in
Little Havana
Amenities
Key features
Living area
8,019 sqft
Maintenance
$ 0
Tax
$40,539 (2024)
Tenant Occupied
No
Parking Space
11
Floor #
0 / 2
Building
LAWRENCE ESTATES LAND COS
On market
29 days
$ /sqft
$ 498
Type
apartment
Unit
-
Year Built
1914
Zip Code
33135
Ref./MLS ID
A11772031
DESCRIPTION
Finally, this cashy cow is for sale. Legal 20 unit apt bldg. The in place gross yearly rental income is presently $335,880. 00. The current noi is $224,176. 00! even at these outstanding income numbers there is plenty of upside in raising rents. Sec 8 rents are much higher than current rents. Property feat. Newer roofs & new pvc plumbing. There are 6 two bedroom units & 14 one bedroom units. Always 100% occupied. Priced at only $199,500 a unit this is unheard of for a 20 unit bldg. In little havana w/ these in place rents. 40 year certifications recently completed. Click on attachments to view the current rent roll, 2024 operating statement and 40 year certifications. The property has a freddie mac loan that is assumable. The rate is 3. 83%. The balance is $1,735,000. Maturity date is 2030.
Data is provided by Miami Board of Realtors.
Public transportation
SW 1 St & SW 14 Av
11
207
6
1 mins
SW 1 St & SW 13 Av
11
207
6
2 mins
SW 1 St & SW 15 Av
11
207
6
2 mins
W Flagler St & NW 13 Av
11
208
6
3 mins
Nearby School In Little Havana
Data Provided by greatschools.org
Neighborhood
Little Havana
- Little Havana
Listed on March 27, 2025 by Jorge Mederos from Mederos and Associates Real Estate Inc, this apartment is for sale. apartment for sale in Little Havana listed at $3,990,000, Reference A11772031
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.