1990s Little Havana 10-Unit Complex | 1371 NW 3rd St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1990s Little Havana 10-Unit Complex 1371 NW 3rd St
10 Unit Block of Flats £2,308,228 (£230,823/Unit) Miami, FL 33125
Investment Highlights
- Centric Little Havana property with ability to operate short-term rental, licensure available for AirBNB
- Mixed-use, medium density of 65du/acre, allows 80% lot coverage, 5 story height. Live-Local SB102 eligible - allows height and density increase
- Covered-land play for future mixed-use development
Executive Summary
In the heart of Little Havana lies this exceptional, 1997 construction, 10 unit multifamily, income producing property that also has T5-L zoning allowing for AirBnB licensure and short-term rental. All 10 units are spacious 1-bed 1 bath, with flat roof, a mix of central A/C and wall units, individual water meters and electric reducing operating expenses, impact windows and PVC plumbing: making this a turnkey investment. The location offers accessibility and connectivity to Brickell, Downtown, the Health District, 836 HWY to Miami Beach and with this comes fine dining, chic shops, sidewalk cafes and picturesque parks, all are a brisk walk or drive away for residents who will be immersed in the vibrant culture of the area. Loan Depot Park is across the street, idyllic for those in the short term business hoping to tap into the market of folks attending conventions, sporting events or other entertainment. Havana has been home to tycoons, adventurers, artists, writers, and investors have taken notice that this is the heart of the city. The housing demand is very high driving rents up, take advantage of this inflation proof investment and contact us immediately.
Property Facts
| Price | £2,308,228 | Building Class | C |
| Price Per Unit | £230,823 | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 5,740 SF |
| Sale Conditions | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 10 | Number of Floors | 2 |
| Property Type | Residential | Year Built | 1997 |
| Property Subtype | Apartment | Parking Ratio | 1.1/1,000 SF |
| Apartment Style | Low Rise |
| Price | £2,308,228 |
| Price Per Unit | £230,823 |
| Sale Type | Investment |
| Sale Conditions | 1031 Exchange |
| No. Units | 10 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 5,740 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built | 1997 |
| Parking Ratio | 1.1/1,000 SF |
Unit Amenities
- Air Conditioning
- Wheelchair Accessible (Rooms)
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | 574 |
1 of 1
Walk Score ®
Very Walkable (88)
PROPERTY TAXES
| Parcel Number | 01-4102-005-7220 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £998,837 |
PROPERTY TAXES
Parcel Number
01-4102-005-7220
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£998,837
zoning
| Zoning Code | T5-L (Mixed-use, medium density of 65du/acre, allows 80% lot coverage, 5 story height. Live-Local SB102 eligible - allows height and density increase) |
| T5-L (Mixed-use, medium density of 65du/acre, allows 80% lot coverage, 5 story height. Live-Local SB102 eligible - allows height and density increase) |
Contacts
-
Mauricio Villasuso -
Carlos Fausto Miranda -
Fausto Commercial Realty Consultants
1 of 32
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1990s Little Havana 10-Unit Complex | 1371 NW 3rd St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.