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Investment Opportunity in Little River

3 Multifamily Properties Offered at $2,253,777 CAD in Miami, FL

Investment Highlights

  • This portfolio includes a triplex, a nonconforming triplex, and a nonconforming duplex, totaling 8 rental units.
  • These properties are strategically located near I-95, Biscayne Blvd., and the MiMo district, offering excellent connectivity.
  • Ideal for investors looking to capitalize on the area's growth, abutting N. Miami Ave. with T5-R zoning.

Executive Summary

Minutes from Downtown Miami. Unlock the potential of this unique portfolio featuring three properties in the highly sought-after Little River area, just minutes from Miami's vibrant core. This portfolio includes a triplex, a nonconforming triplex, and a nonconforming duplex, totaling 8 rental units – all currently leased on a month-to-month basis, offering flexibility for future ownership plans. These properties are strategically located near I-95, Biscayne Blvd., and the MiMo district, offering excellent connectivity to all major Miami hotspots and easy access to transportation. Ideal for investors looking to capitalize on the area's growth, abutting N. Miami Ave. with T5-R zoning, a strong rental demand, and significant potential for property improvements or redevelopment. The 3 properties have over 20,000 sq. ft. of land in total, with room for enhancement. The portfolio offers tremendous upside for the buyer ready to make improvements, obtain permits from the City, and maximize returns. This opportunity in Little River is one not to miss.

Property Facts

Price $2,253,777 CAD
Price / SF $488.04 CAD / SF
Sale Conditions Deferred Maintenance
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 4,618 SF
Total Land Area 0.47 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
7560 NE Miami Ct, Miami, FL 33138 Multifamily 1,224 SF 1925 -
7544 NE 1st Ave, Miami, FL 33138 Multifamily 1,400 SF 1940 -
3 NE 75th St, Miami, FL 33138 Multifamily 1,994 SF 1935 -
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  • Listing ID: 34092178

  • Date on Market: 2024-12-05

  • Last Updated:

  • Address: Investment Opportunity in Little River, Miami, FL

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