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$4,695,000
Est. payment /mo
0.27 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Floral Pk 1St Amd
MLS Listing ID A12040278
HOA Y/N No
Tax Year 2025
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type Unimproved Land
Property Description
PRESENTING A 24-UNIT MULTI-FAMILY ASSET WITH STABLE IN-PLACE INCOME AND COMPELLING VALUE-ADD POTENTIAL IN EMERGING MIAMI WORKFORCE HOUSING SUBMARKET….Offering consistently high occupancy for this balanced mix of (6) 2 Bed/1 Bath and (18) 1 Bed/1 Bath units spread between market-rate and Section 8 tenancies, the property delivers dependable cashflow today with meaningful upside tomorrow via incremental capital improvements and rental growth. Featuring certainty from anup-to-date building recertification, select units have also benefited from interior upgrades including flooring, appliances, kitchens, and bathrooms. Additional features include on-site parking for approximately 11 vehicles, immediate access to mass transit, and coveted garden-style courtyard layout supporting continued modernization of the aesthetic.Positioned on a visible corner location along the path-to-progress NW 54th Street corridor, the asset benefits from excellent connectivity to the broader Miami urban core, providing convenient access between neighboring submarkets as Allapattah, West Little River, Buena Vista, Little Haiti and Midtown. As investment andredevelopment activity continues to expand throughout the West of I-95 region, Liberty City presents an attractive advantage to acquire a high-performing, low-risk asset with durable income, operational upside, and long-term appreciation potential.
Location
State FL
County Miami-dade
Area 2310
Zoning 6101
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available Electricity Available, Water Available
Water Access Desc Public
Present Use Other
Building
Lot Description Central Business District
Sewer Public Sewer
Water Public
Schools
Elementary Schools Agenoria S. Paschal / Olinda
Middle Schools Brownsville
High Schools Miami Northwestern
Others
Restrictions City Restrictions
Tax ID 0131220522860
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12040278
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Listed by Steffanie Jacobson The Alpha Commercial Advisors LLC
NEARBY SCHOOL & BUSINESS
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