- For Sale $2,999,999
- Property Type Multi-Family
- Property Size 3,720 SF
- Units 11
- Cap Rate % 7.44
- Rental Income / YR 266280
- Additional Rent Contact for pricing
- Year Built 1923
- Date Updated Jul 22, 2024
GREAT CASH FLOW! ACTUAL CAP RATE 7.44%. CURRENT ANNUAL GROSS INCOME OF $266,280.00. Great investment opportunity in one of Miami's hottest markets. Located in high demand rental area. 11 units. 2 buildings. Fantastic unit mix of 2/1s. This opportunity is a turnkey investment. Current owners have beautifully renovated each unit with new floors, new bathrooms and new kitchens. The Little Havana market is witnessing incredible rent increases due to the strong rental demand in this area. Located near Brickell and Downtown Miami.
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Contacts
Location
Getting Around
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Walk Score ®
80/100
Very Walkable
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Transit Score ®
82/100
Excellent Transit
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Bike Score ®
69/100
Bikeable
- City Miami, FL
- Neighborhood Little Havana
- Zip Code 33128
- Market Miami
Points of Interest
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Wilkie D. Ferguson, Jr.
0.81 miles
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Miami Avenue
0.96 miles
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Third Street
1.00 miles
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College North
1.01 miles
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Freedom Tower
1.12 miles
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Fifth Street
1.16 miles
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School Board
1.24 miles
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Eighth Street
1.26 miles
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Santa Clara
1.32 miles
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Adrienne Arsht Center
1.50 miles
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Valero
0.32 miles
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Sunflex
0.84 miles
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Shell
0.90 miles
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Marathon
0.92 miles
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U Gas
0.94 miles
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Valero
1.10 miles
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ChargePoint Charging Station
1.14 miles
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U Gas
1.24 miles
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Marathon
1.42 miles
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Shell
1.52 miles
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Center Field Garage
0.67 miles
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Third Base Garage
0.68 miles
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Lot 59
0.72 miles
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Lot 18
0.74 miles
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Dominion Tower Parking Garage
0.76 miles
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First Base Garage
0.76 miles
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Home Plate Garage
0.77 miles
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Cedars Parking
0.84 miles
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Garage 1
0.88 miles
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Garage 2
0.89 miles
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FANNYLU
0.30 miles
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Selina Miami River
0.56 miles
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Barlington Hotel
0.60 miles
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SpringHill Suites
0.65 miles
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SpringHill Suites by Marriott Miami Downtown/Medical Center
0.65 miles
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Dunns-Josephine Hotel
0.69 miles
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AC Miami Hotel Downtown & Element Miami Downtown
1.08 miles
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The Langford
1.09 miles
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Casa Trinidad at #1
1.10 miles
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River Park Hotel & Suites Downtown/Convention Center
1.13 miles
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Crust
0.16 miles
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Seaspice Brasserie & Lounge
0.23 miles
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García,s Seafood
0.28 miles
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McDonald's
0.37 miles
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Pinolandia
0.43 miles
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Rakachaka Grill y Más
0.61 miles
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Jackson Soul Food
0.66 miles
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La Santa Taqueria
0.66 miles
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Red Rooster Overtown
0.72 miles
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Little Bread Cuban Sandwich Co.
0.78 miles
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Vann Academy II
0.11 miles
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Vann Academy
0.13 miles
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Douglas Park Preschool
0.19 miles
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Lincoln-Marti School
0.34 miles
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Little Havana 2nd Campus
0.34 miles
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Lincoln-Marti School 11th Campus
0.34 miles
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Lincoln Marti Schools
0.36 miles
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Eaton Day Care Center
0.41 miles
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Wee Lads and Lassies Preschool
0.42 miles
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Culmer Place Head Start
0.44 miles
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Sagrada Familia Child Care Center
0.35 miles
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YWCA Gerry Sweet Early Learning Center
0.49 miles
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Centro Mater Day Care Center
0.70 miles
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Carol Glasman Donaldson Child Care Center
0.76 miles
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Cedarail Child Care Center
0.80 miles
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Special Needs Day Care Center
0.80 miles
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Rainbow Little Havana Day Care Center
0.81 miles
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Rainbow Day Care Center
0.82 miles
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Saint Johns Tot Center Day Care Center
0.84 miles
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Jackson Infant-Toddler Center
0.91 miles
Frequently Asked Questions
How much does 400 NW South River Dr cost?
The space currently listed for sale at 400 NW South River Dr asks for $2,999,999.
What is the total square footage of 400 NW South River Dr?
400 NW South River Dr totals 3,720 square feet.
When was this property built?
400 NW South River Dr was built in 1923.
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Contact Listing Broker
Marcelo L. Merlo Is this you?
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