
Seller's Agent in 2025
Jen Trana
Gridline Properties
(305) 507-7098
2 in this area
34 Total Sales
This fully renovated 12-unit multifamily property is located in Miami's thriving Little River submarket and presents a prime investment opportunity. All units have undergone extensive upgrades, including a new roof,hurricane-impact windows, modern electrical systems, and a fully remodeled kitchen and bathroom making the property turnkey and minimizing maintenance costs. The property has ample parking available and the site plan has been approved for an eight-unit building.
The property generates a net operating income (NOI) of $198,000, and yields a robust capitalization rate of 7.19% at the asking price. Its strong financial performance and prime Little River location present an opportunity for investors seeking stable returns in a rapidly appreciating area.
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/31/2025 03/31/25 | Sold | $2,500,000 | -9.1% | $300 / Sq Ft |
12/27/2024 12/27/24 | For Sale | $2,750,000 | 0.0% | $330 / Sq Ft |
10/10/2014 10/10/14 | Rented | $750 | +7.1% | -- |
10/10/2014 10/10/14 | For Rent | $700 | -- | -- |
Seller's Agent in 2025
Jen Trana
Gridline Properties
(305) 507-7098
2 in this area
34 Total Sales
S
Seller's Agent in 2014
Scot Garrambone
MMLS Assoc.-Inactive Member
Source: MIAMI REALTORS® MLS
MLS Number: A11714783