For Sale
$1,450,000

527 13Th AveMiami, FL 33135

Four-unit apartment building, fully rented.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional four-unit apartment building, located at 527 SW 13th Ave, Miami, FL 33135, presents a compelling investment opportunity. Built in 1996, this two-story property boasts a fully occupied tenant roster, ensuring immediate cash flow. One unit has undergone a complete renovation, featuring new flooring, a modern kitchen with stainless steel appliances, and a new air conditioning system. The remaining three units are well-maintained and in good condition, with two units recently updated with new appliances. Each unit includes one designated parking space, adding to the property's appeal. Recent improvements include a new fence, enhancing both security and curb appeal. Individual electric and water meters for each unit ensure efficient utility management and cost allocation, with tenants responsible for their respective consumption. The property's excellent condition, coupled with its location in Miami-Dade County, positions it favorably compared to similar buildings in the area. This turnkey investment offers a blend of immediate income and long-term growth potential. The asking price is $1,450,000.

Highlights

  • Four-unit apartment building in Miami, FL.
  • Built in 1996, fully occupied, generating immediate cash flow.
  • One unit completely renovated, three others well-maintained with recent updates.
  • Each unit features one parking space.
  • Recent improvements include a new fence and individual electric and water meters.
  • Asking price: $1,450,000.

Property Details for 527 13Th Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
1996
Stories
2
Units
4

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.7680699
Longitude
-80.2159615
527 13Th Ave, Miami, Florida

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527 13Th Ave
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