145 SW 15th Ave
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145 SW 15th Ave
21 Unit Block of Flats £5,633,640 (£268,269/Unit) 6.16% Net Initial Yield Miami, FL 33135
Investment Highlights
- 2019 Construction building in Little Havana - the heart of Miami
Executive Summary
Fausto Commercial presents this 2019 construction 21 unit apartment building in East Little Havana. Featuring 20 generously sized 2 bedroom units, and 1-one bedroom unit, parking on site on ground floor, washer/dryer units on each floor, elevator on site, and sub-metered individual water meters.This is a turn key investment for those who are averse to doing massive capital projects. At $226/SF per the asking price, you can’t rebuild this impeccable building today or in the future - this is a HOT deal. The location is itself an amazing urban amenity being just one blocks from Loan Depot Park. With accessibility and connectivity to Brickell, Downtown, the Health District, 836 HWY to Miami Beach and with this comes fine dining, chic shops, sidewalk cafes on Calle Ocho and picturesque parks, all are a brisk walk or drive away for residents who will be immersed in the vibrant culture of the area. Little Havana has been home to tycoons, adventurers, artists, writers, and investors have taken notice that this is the heart of the city. Investing in this area presents an extraordinary opportunity to capitalize on the remarkable surge of growth and development sweeping through the region. Come invest in the prosperous neighborhood that is surging in economic heart of the city.
Property Facts
| Price | £5,633,640 | Apartment Style | Low Rise |
| Price Per Unit | £268,269 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.28 AC |
| Net Initial Yield | 6.16% | Building Size | 28,472 SF |
| No. Units | 21 | Average Occupancy | 100% |
| Property Type | Residential | Number of Floors | 3 |
| Property Subtype | Apartment | Year Built | 2019 |
| Price | £5,633,640 |
| Price Per Unit | £268,269 |
| Sale Type | Investment |
| Net Initial Yield | 6.16% |
| No. Units | 21 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 28,472 SF |
| Average Occupancy | 100% |
| Number of Floors | 3 |
| Year Built | 2019 |
Unit Amenities
- Balcony
- Dishwasher
- Disposal
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Walking/Biking Trails
- Lift
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+2 | 16 | - | - |
| 2+1.5 | 1 | - | - |
| 2+1 | 3 | - | - |
| 1+1 | 1 | - | - |
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Walk Score ®
Walker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 01-4102-010-0120 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £2,932,130 |
PROPERTY TAXES
Parcel Number
01-4102-010-0120
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£2,932,130
zoning
| Zoning Code | T5-L (Mixed-use commercial zoning, allows for short-term rental, AirBnB licensure) |
| T5-L (Mixed-use commercial zoning, allows for short-term rental, AirBnB licensure) |
Contacts
-
Mauricio Villasuso -
Carlos Fausto Miranda -
Cristina Amaro -
Fausto Commercial Realty Consultants
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145 SW 15th Ave
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