1818 SW 9th St
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1818 SW 9th St
8 Unit Apartment Building $3,371,232 CAD ($421,404 CAD/Unit) 6.94% Cap Rate Miami, FL 33135
Investment Highlights
- Heart of Little Havana In Miami, Florida
- Meticulously Maintained
Executive Summary
Nestled in the heart of Little Havana, this meticulously maintained 8-unit multi-family property offers an exceptional investment opportunity. The units are all large, one bedroom and one bathroom, approximately 750sqft and include a dining area. Additionally, each unit is separately metered for electricity. Residents can enjoy the convenience of on-site laundry facilities, further enhancing the appeal of this property. With its prime location near bustling shops, vibrant nightlife, and renowned eateries, including iconic spots like Versailles Restaurant and Ball & Chain, this property promises both convenience and a vibrant community atmosphere. Whether seeking a lucrative investment or a place to call home, this Little Havana gem embodies the essence of Miami’s dynamic urban lifestyle, steeped in cultural significance.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,371,232 CAD | Apartment Style | Low Rise |
| Price Per Unit | $421,404 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 6.94% | Building Size | 6,448 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1925 |
| Property Subtype | Apartment | Parking Ratio | 0.62/1,000 SF |
| Price | $3,371,232 CAD |
| Price Per Unit | $421,404 CAD |
| Sale Type | Investment |
| Cap Rate | 6.94% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 6,448 SF |
| No. Stories | 2 |
| Year Built | 1925 |
| Parking Ratio | 0.62/1,000 SF |
Unit Amenities
- Air Conditioning
- Ceiling Fans
- Refrigerator
- Oven
- Range
- Dining Room
Site Amenities
- Laundry Facilities
- Security System
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $2,809 CAD | 805 |
Walk Score ®
Walker's Paradise (93)
PROPERTY TAXES
| Parcel Number | 01-4110-063-3191 | Total Assessment | $1,196,469 CAD |
| Land Assessment | $0 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Number
01-4110-063-3191
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,196,469 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024 Payable 2024
zoning
| Zoning Code | R-2 (T3-O) |
| R-2 (T3-O) |
-
Derek Varona -
Rick Moreno -
Sea Grove Realty
1 of 39
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1818 SW 9th St
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