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Size: 0.13 Acres
Home: 12 beds - 6 full baths - 4,658 Sq Ft

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Residential, Miami, FL

Exceptional investment opportunity in the heart of Little Havana. This income-producing asset consists of two detached buildings featuring a uniform mix of six fully renovated 2-bedroom, 1-bathroom units. Operating with an efficient 31.83% expense ratio, the property generates a Net Operating Income (NOI) of $115,144.50, representing an approximate 6.98% cap rate based on a $1,649,000 purchase price. Ownership has invested over $200,000 in recent capital improvements, helping minimize future capital expenditures and offering a turnkey ownership opportunity. Major upgrades include complete interior renovations (2022), new permitted roofs (2024), new exterior stucco and paint (2024), roof-mounted mini-split HVAC systems (2024), plumbing improvements, and fully upgraded electrical systems with new main service entries and meter boxes (2025/2026). For additional confidence, the City of Miami...

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Source:First Street

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Source: Miami REALTORS®, MLS# A12075866
Listing status: Active
Listing last updated: August 26, 2026 at 7:41 PM
Listing last checked: August 27, 2026 at 9:30 PM
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