527 13Th AveMiami, FL 33135

Property Details for 527 13Th Ave

Year built

1996

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

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.

Location Insight

City

Miami

County

Miami-Dade

State

Florida

Latitude

25.7681

Longitude

-80.216

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