1991 NW 32nd Ave
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1991 NW 32nd Ave
8 Unit Block of Flats £1,591,040 (£198,880/Unit) Miami, FL 33125
Investment Highlights
- Within walking distance to Inter Miami CF stadium, 58-acre public park, and entertainment district at Miami Freedom Park
- All tenants are month-to-month
- Strategically located to the bustling Miami Intl Airport, Wynwood, Downtown, Brickell and several other employment centers
Executive Summary
Extraordinary investment opportunity in West Allapattah along the NW 20 ST corridor, boasting an exceptional 1960s CBS construction that is surely hurricane proof. This eight-unit apartment building, situated on a generous 7,393 SF lot zoned T3-L, is irreplaceable given the inferior zoning. Each apartment features a well- designed floor plan with one bedroom and one bath, providing consistency and ease of management. Within walking distance to Inter Miami CF stadium, 58-acre public park, and entertainment district at Miami Freedom Park scheduled to open in 2025. This is a year-round destination spot. The recreational project will also include a new 58-acre public park that will be the largest new park in Miami, soccer and youth athletic fields for the community, a full range of entertainment and commercial offerings including office space, hotel, shops, restaurants and additional experiences and attractions for residents. Strategically located to the bustling Miami Intl Airport, Wynwood, Downtown, Brickell and several other employment centers, residents will be motivated to live in this centric and thriving neighborhood that is gaining traction in the vibrant and culturally diverse city that is undergoing a massive transformation. Investing in this area presents an extraordinary opportunity to capitalize on the remarkable surge of growth and development sweeping through the region. Seize the chance to become a part of this flourishing community and secure a promising investment for your portfolio. Reach out to us now to explore this remarkable property further and unlock the potential it holds for you.
Property Facts
Price | £1,591,040 | Building Class | C |
Price Per Unit | £198,880 | Lot Size | 0.17 AC |
Sale Type | Investment | Building Size | 3,770 SF |
No. Units | 8 | Average Occupancy | 100% |
Property Type | Residential | Number of Floors | 2 |
Property Subtype | Apartment | Year Built | 1965 |
Apartment Style | Low Rise | Parking Ratio | 2.12/1,000 SF |
Price | £1,591,040 |
Price Per Unit | £198,880 |
Sale Type | Investment |
No. Units | 8 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.17 AC |
Building Size | 3,770 SF |
Average Occupancy | 100% |
Number of Floors | 2 |
Year Built | 1965 |
Parking Ratio | 2.12/1,000 SF |
Unit Amenities
- Kitchen
- Oven
- Range
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
1+1 | 8 | £1,253 | 750 |
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PROPERTY TAXES
Parcel Number | 01-3133-006-0010 | Improvements Assessment | £631,478 |
Land Assessment | £276,420 | Total Assessment | £907,898 |
PROPERTY TAXES
Parcel Number
01-3133-006-0010
Land Assessment
£276,420
Improvements Assessment
£631,478
Total Assessment
£907,898
zoning
Zoning Code | T3 L (Multiamily) |
T3 L (Multiamily) |
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1991 NW 32nd Ave
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