329 SW 9th AVE, Miami, FL 33130
329 SW 9th AVE, Miami, FL 33130,Video Tour
329 SW 9th AVE, Miami, FL 33130
329 SW 9th AVE, Miami, FL 33130
329 SW 9th AVE, Miami, FL 33130
329 SW 9th AVE, Miami, FL 33130
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Louise Folkesson

Louise Folkesson

+1(561) 971-5224
$ 1,445,000
Est. payment | /mo

3,380 SqFt

Save Virtual Tour
$ 1,445,000
Est. payment | /mo
Save Virtual Tour

3,380 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,380 sqft

Price per Sqft $427

Subdivision Brickell Riverview

MLS Listing ID A11959419

HOA Y/N No

Total Fin. Sqft 3380

Year Built 1975

Annual Tax Amount $13,795

Tax Year 2025

Contingent Inspection

Property Sub-Type Quadruplex

Property Description

Alerio Group is proud to exclusively present 329 SW 9th ST Street, a boutique 4-unit multifamily property located in the heart of Little Havana.This meticulously maintained asset features four 2-bedroom, 1-bath units, currently rented at $2,250 x 2 and 2x @ $2275, delivering high in-place income at a 5.5% CAP rate with upside potential. The property has undergone extensive upgrades both inside and out. All of the unit interiors have been fully remodeled and include impact windows, a new roof, central air conditioning in all units, six on-site parking spaces, new asphalt paving, a new fence including dumpster enclosure, and new railings. All work was done with permits. Additional income is generated through on-site coin-operated laundry (1 new washer / 1 dryer).Designed for ease of ownership, this low-maintenance building is simple to manage and offers the ability to further increase rents. All tenants are secured with annual leases except one MTM lease.Located in one of the strongest rental markets in the country, this Little Havana multifamily asset offers durable cash flow, inflation resistance, and long-term appreciation potential. This offering will not last.

Location

State FL

County Miami-dade

Area 2410

Zoning 3900

Interior

Interior Features InteriorFeatures

Heating Central, Electric, Separate Meters

Cooling Central Air, Electric

Flooring Laminate, Vinyl

Fireplace No

Laundry Outside

Exterior

Exterior Feature Balcony, Outdoor Living Area

Fence Fenced

Utilities Available Cable Available

Water Access Desc Public

Roof Type Shingle

Porch Balcony

Total Parking Spaces 6

Private Pool No

Building

Dwelling Type Multi Family

Story 2

Sewer Public Sewer

Water Public

Structure Type Block

Schools

Elementary Schools Riverside (Miami-Dade)

Middle Schools Jose De Diego

High Schools Booker T. Washington

Others

Tax ID 0141380033960

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Virtual Tour https://my.matterport.com/show/?m=AUSECaEvTcM&mls=1

BeachesMLS, Inc. (FLR) IDX
Listed by Richard Collar Pellego, LLC

Nearby Locations

Louise Folkesson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(561) 971-5224

louise@louisesproperties.com

13501 South Shore Blvd, Wellington, FL, 33414-7209, USA

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329 SW 9th AVE