For Sale
$6,500,000

626 11Th AveMiami, FL 33136

Luxury Co-living, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional new construction multifamily property, located at 626 NW 11th Ave in Miami, Florida (zip code 33136), presents a unique investment opportunity. Priced at $6,500,000, this co-living building caters to the growing demand for high-quality, affordable housing in the desirable Riverside/Little Havana neighborhood. The innovative design features twelve three-bedroom, three-bathroom units, totaling 36 individually rentable semi-autonomous bedrooms. This model is specifically designed to attract young professionals (earning $75,000-$150,000 annually) seeking stylish and well-appointed living spaces at competitive prices. The building's prime location, adjacent to the Miami River, north of Little Havana, and west of Downtown and Brickell, ensures strong tenant demand and long-term rental growth. The property's modern design and attractive features are expected to maintain high occupancy rates and provide a robust return on investment. This is a rare chance to acquire a newly constructed, high-performing asset in one of Miami's most rapidly developing areas. The property's strategic location and innovative co-living concept combine to create a compelling investment opportunity with significant upside potential. This is a turnkey operation ready for immediate income generation. Detailed financial projections are available upon request.

Highlights

  • $6,500,000 asking price.
  • Multifamily property located at 626 NW 11th Ave, Miami, FL 33136.
  • New construction co-living building in Riverside/Little Havana.
  • 36 rentable semi-autonomous bedrooms (twelve 3-bedroom units).
  • Strong rental demand and long-term growth potential targeting the millennial market.

Property Details for 626 11Th Ave

Property type

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.7797585
Longitude
-80.2134406
626 11Th Ave, Miami, Florida

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626 11Th Ave
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