1801 NW 54th Street, Miami, FL 33142

$4,395,000

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List Price
$4,395,000
Status
ACTIVE
Days on Market
87
Price Change
▼ $300,000 1787975545
MLS#
A12040278
Subtype
Land
Lot Size
11,880
Acres
0.27
Subdivision
Floral Pk 1st Amd
MLS Area Major
2310

Property Description

PRESENTING A 24-UNIT MULTI-FAMILY ASSET WITH STABLE IN-PLACE INCOME AND COMPELLING VALUE-ADD POTENTIAL IN EMERGING MIAMI WORKFORCE HOUSING SUBMARKET….Offering consistently high occupancy for this balanced mix of (6) 2 Bed/1 Bath and (18) 1 Bed/1 Bath units spread between market-rate and Section 8 tenancies, the property delivers dependable cashflow today with meaningful upside tomorrow via incremental capital improvements and rental growth. Featuring certainty from anup-to-date building recertification, select units have also benefited from interior upgrades including flooring, appliances, kitchens, and bathrooms. Additional features include on-site parking for approximately 11 vehicles, immediate access to mass transit, and coveted garden-style courtyard layout supporting continued modernization of the aesthetic.Positioned on a visible corner location along the path-to-progress NW 54th Street corridor, the asset benefits from excellent connectivity to the broader Miami urban core, providing convenient access between neighboring submarkets as Allapattah, West Little River, Buena Vista, Little Haiti and Midtown. As investment andredevelopment activity continues to expand throughout the West of I-95 region, Liberty City presents an attractive advantage to acquire a high-performing, low-risk asset with durable income, operational upside, and long-term appreciation potential.

Additional Information

Elementary School
Agenoria S. Paschal / Olinda
Middle School
Brownsville
High School
Miami Northwestern

Listing courtesy of The Alpha Commercial Advisors LLC. Contact:

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Agent: Steffanie Jacobson | Email: steff@thealphacomm.com