About N/A
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.
Features of N/A
| MLS® # | A12077917 |
|---|---|
| USD | $1,350,000 |
| CAD | $1,890,783 |
| CNY | 元9,045,000 |
| EUR | €1,176,568 |
| GBP | £1,010,645 |
| RUB | ₽113,598,585 |
| Acres | 0.15 |
| Year Built | 1937 |
| Type | Residential |
| Sub-Type | Multi Family |
| Status | Active |
| HOPA | No Hopa |
Community Information
| Address | N/A |
|---|---|
| City | Miami |
| State | FL |
| Zip Code | 33127 |
Amenities
| Parking | Assigned |
|---|---|
| Security | Other, Smoke Detector(s), Security Gate |
| Guest House | No |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| # of Stories | 2 |
Exterior
| Roof | Other |
|---|---|
| Construction | Other |
Additional Information
| Date Listed | August 25th, 2026 |
|---|---|
| Days on Market | 24 |
| Zoning | 3900 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Real Estate Sales Force |
|---|