$1,750,000

620 SW 6th Ave, Miami FL 33130

About This Property

7-unit apartment building located in the booming area of Little Havana within close proximity to Downtown Miami and Brickell. Fully renovated building with new kitchens, updated plumbing and electrical systems. The property is a true turnkey asset with no deferred maintenance and perfect for an out of state investor looking for passive income or an experienced operator looking to add to its portfolio. Key upgrades include impact windows, a new standing seam metal roof, modern interiors with terrazzo floors and walk-in showers, and brand-new kitchens outfitted with new cabinets and stainless steel appliances. Great turn key investment opportunity at an above 6% cap. Situated in a growing South Florida residential area with over 86,000 people and average household incomes exceeding $107,000 within a 1-mile radius, the property benefits from easy access to 8th & 7th Streets, West Flagler, and I-95, offering strong proximity to downtown. Priced below replacement cost and designed for easy, low-touch management, it presents an attractive value-add opportunity.

Property Details

Location

Leaflet | © OpenStreetMap contributors

Satellite

+−

Hold Ctrl + scroll to zoom the map

Similar Properties

1 of 15

For Sale

Single Family Residence

$2,275,000

2298 SW 16th Ave, Miami FL 33145

4 bd4 bth2,224 sq. ft.

1 of 13

For Sale

Single Family Residence

$2,275,000

1140 SW 22 Ter, Miami FL 33129

4 bd3 bth2,750 sq. ft.

1 of 24

For Sale

Condominium

$2,260,000

1451 Brickell Ave # 4002, Miami FL 33131

2 bd3 bth1,625 sq. ft.

1 of 42

For Sale

Single Family Residence

$2,260,000

6853 S Waterway Dr, Miami FL 33155

4 bd3 bth— sq. ft.

1 of 31

For Sale

Condominium

$2,250,000

488 NE 18th St # 2112, Miami FL 33132

3 bd4 bth2,018 sq. ft.

1 of 20

For Sale

Single Family Residence

$2,250,000

300 SW 123rd Ave, Miami FL 33184

4 bd2 bth2,909 sq. ft.