131 NE 77th Street, Miami, FL 33138

$1,890,000
6,090
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,890,000
Days on Market
36
MLS#
A12049245
Year Built
1975
Living Area
6,090
MLS Area Major
2310

Property Description

Presenting a rare opportunity to acquire a renovated six-unit multifamily in Prime Location in the heart of Little River, one of Miami’s fastest-growing and most transformative neighborhoods. Situated on a prominent corner lot, this two-story property offers a compelling combination of stable in-place income and significant long-term redevelopment potential. Each of the six residences features a spacious 2-bedroom, 1-bathroom layout. The property has been thoughtfully upgraded with a new roof, impact-resistant windows, and a fully fenced perimeter, Strategically positioned just minutes from the Miami Design District, Wynwood, Downtown Miami, and Miami Beach, Major highways and it is surrounded by ongoing public and private investment driving sustained neighborhood growth. Whether your investment strategy is to maximize immediate cash flow through six income-producing units, renovate for increased rental returns, or capitalize on the site’s future development potential, this asset offers exceptional flexibility & upside in one of South Florida’s most sought-after submarkets. Renovated two-story multifamily property Six 2-bedroom, 1-bathroom units. Prime corner lot. New roof and impact-resistant windows. Fully fenced property. Strong in-place rental income. Redevelopment and value-add potential. Prime location near the Design District, Wynwood, Downtown Miami, and Miami Beach. This is a unique opportunity to acquire a high-quality multifamily in a Strong Rental Market.

Additional Information

Taxes
$20,430
Utilities
Cable Not Available, Sewer Available
Heating
Central, Separate Meters
Air Conditioning
Central Air
Exterior Construction
Block
Roof
Other
Middle School
Horace Mann
High School
Miami Edison

Listing courtesy of London Foster Realty.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks