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18101 NW 7th Ave

Miami Gardens, FL

Listing Details

  • $7,399,999
  • MLS# A11980572
  • Type Commercial - Business
  • Status Active
  • 1.080 acres
    Lot Size
  • 1968
    Year Built

Description

Prime multifamily investment opportunity in Miami Gardens. This 32-unit property sits on just over one acre and features a strong unit mix of 23 two-bedroom, one-bath units and 9 one-bedroom, one-bath units. The property is currently 100% occupied and producing approximately $462,000 in net operating income, offering investors immediate cash flow with additional upside through future rent growth.The property benefits from over 50 on-site parking spaces and a roof installed in 2016. Many of the rents are below current market levels, providing a clear value-add opportunity for the next owner through strategic rent increases and operational... Read more improvements.Located along NW 7th Avenue, the property offers strong visibility and convenient access to major roadways, retail, and employment centers throughout Miami Gardens and the surrounding areas.This asset is well suited for investors seeking a stabilized multifamily property with long-term appreciation potential in a growing Miami-Dade submarket.

Key Features

No amenity information available.

View All Features
18101 NW 7th Ave
Miami Gardens, FL 33169
County
Miami-Dade

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Commercial - Business
  • Cooling: Central Individual A/C
  • Crops Included Y/N: No
  • Days on Site: 70
  • Heating: Central Electric, Central Individual A/C, Wall/Windo
  • Home Warranty Y/N: No
  • Lease Considered Y/N: Yes
  • Lease Terms: Month To Month
  • Lot Size: 1.08 Acres
  • Parcel#: 34-21-12-003-0370
  • Property Attached Y/N: No
  • Property Sub-Type: Income/MultiFamily
  • Water: Public
  • Year Built: 1968