Miami, FL 33127
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Enter an interest rate to see your estimated monthly payment.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.
| 2 months ago | Status changed to Active | |
| 2 months ago | Listing updated with changes from the MLS® | |
| 2 months ago | Price changed to $1,350,000 | |
| 2 months ago | Listing first seen on site |
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