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3059 Day Ave
Miami, FL 33133

Day Villas · Multifamily Property For Sale · 4 Units

Investment Highlights

  • Walking Distance to CoCo Walk
  • Re-development opportunity

Executive Summary

Fully occupied fourplex located in Central Grove, 2 blocks away from Coco Walk! 9,280 Sq Ft lot with immense amounts of potential. Buyer can cash flow the property or redevelop in this emerging Coconut Grove market. Don't let this opportunity go!

PROPERTY FACTS

Price Per Unit $889,687 CAD
Sale Type Investment
Cap Rate 4.45%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.21 AC
Building Size 3,060 SF
Average Occupancy 100%
No. Stories 1
Year Built 1971
Parking Ratio 2.61/1,000 SF

Unit Amenities

  • Air Conditioning

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 2 - 550
2+1 2 - 2,000

zoning

Zoning Code 5700 (Two-family Residential District, 7,500 ft2 net)
5700 (Two-family Residential District, 7,500 ft2 net)
  • Listing ID: 28493220

  • Date on Market: 2023-05-16

  • Last Updated:

  • Address: 3059 Day Ave, Miami, FL 33133

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