1 / 14$1,350,000
Address Available Upon Request, Miami, FL 33127
5
Units
—
Building SF
3900
Zoning
About This Property
5-unit multifamily investment in Miami's Allapattah neighborhood offering in-place income, immediate lease-up upside, and longer-term redevelopment optionality. Four 2BR/1BA units plus a legal detached 2BR/2BA, five separate electric meters, and one vacant unit. Historical T-12: NOI, representing a 6.76% cap at the $1.35M asking price. Approx. 6,534 SF site currently zoned T4-R. Adjacent lot is T5-L, providing a relevant nearby zoning precedent for buyers evaluating future rezoning, mixed-use, workforce housing or Live Local strategies. Near Wynwood, Miami Health District, Downtown, SR-836, I-95, and MIA. Redevelopment potential is subject to independent verification and City approvals.
Property Details
Location
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Listing courtesy of Real Estate Sales Force. Data last updated September 16, 2026 at 11:22 PM.