For Sale
$1,700,000

425 6Th AveMiami, FL 33130

Prime Miami location, 3-unit building, high rental potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional multifamily investment opportunity presents a 3-unit apartment building situated in the vibrant heart of Miami, Florida, at 425 SW 6th Ave, zip code 33130. Built in 1981, this two-story structure boasts a total area of 5,000 square feet and offers significant potential for redevelopment or continued operation as a rental property. The property currently features three individual units, each equipped with wall air conditioning and a separate electric meter. A tankless water heater serves the building, and a convenient on-site coin laundry facility adds to its appeal. Residents enjoy the benefit of private parking spaces directly in front of the building, supplemented by ample free street parking. Its strategic location places it within easy reach of the Miami River, Downtown Miami, Brickell, Calle Ocho, the Brightline Station, Miami Dade College campus, and a wealth of dining, cultural attractions, and entertainment venues, including the Miami Heat arena and Marlins Stadium. Currently utilized as a long-term rental property, this property presents a compelling opportunity to increase revenue streams through short-term rentals or Airbnb. The property's prime location and existing infrastructure make it an ideal canvas for a developer seeking to create a high-yield multi-unit building. The asking price for this exceptional investment is $1,700,000.

Highlights

  • Exceptional 3-unit multifamily investment opportunity in Miami, FL (33130) at 425 SW 6th Ave.
  • 1981-built, 5,000 sq ft, two-story building with redevelopment potential.
  • Three units, each with wall AC and separate electric meter; tankless water heater; on-site coin laundry.
  • Private parking plus ample street parking.
  • Prime location near Miami River, Downtown Miami, Brickell, and major attractions; close to Brightline Station and Miami Dade College.
  • $1,700,000 asking price.

Property Details for 425 6Th Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
1981
Stories
2
Units
3

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.7694036
Longitude
-80.2040401
425 6Th Ave, Miami, Florida

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425 6Th Ave
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