444-452 6Th StMiami, FL 33130

Property Details for 444-452 6Th St

Year built

1924

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 14-unit apartment building in Miami, Florida, presents a compelling investment opportunity. Located at 444-452 SW 6th St, 33130, this two-story, 1924-built property boasts a prime location, steps away from the vibrant Brickell area. The property sits on a sizable 15,000 square foot lot, presenting significant potential for future development. Currently generating a substantial gross monthly income of $26,000, this multifamily asset offers immediate cash flow. Half of the building has already undergone a significant renovation, featuring updated kitchens, bathrooms, and flooring. The remaining units offer an excellent opportunity to increase profitability through further renovations or repositioning. This property is ideal for investors seeking a blend of immediate return and long-term growth potential in a rapidly developing Miami neighborhood. Financial statements are available upon request. The property's location in Miami-Dade County, Florida, ensures access to a strong rental market and future appreciation. This is a rare chance to acquire a well-situated multifamily property with significant upside potential. Serious inquiries only.

Location Insight

City

Miami

County

Miami-Dade

State

Florida

Latitude

25.7679

Longitude

-80.2017

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