Multifamily in Miami

$1,100,000

98 NW 47th Ave, Miami, FL, 33126, Miami, FL

Multifamily for sale in Miami, 98 NW 47th Ave, Miami, FL, 33126, 1818 m²

98 NW 47th Ave, Miami, FL, 33126, Miami, FL

$1,100,000

1818m²
Type: Multifamily

Description

eXp Commercial is pleased to present 98 NW 47th Ave, a 5-unit apartment building in Miami's Flagami neighborhood. Built in 1953, the property is centrally located, providing easy access to major employers and attractions. Being minutes away from the airport is a significant advantage for both frequent travelers and weekend visitors. The T4-L zoning designation is particularly advantageous for investors, as it allows for short-term rental operations. This flexibility enables investors to capitalize on Miami's thriving tourism industry, potentially increasing rental income. With its manageable size, this 5-unit complex, consisting of studios, allows for hands-on management and presents opportunities for value-add improvements to enhance rental income and property value. Ideal for those seeking an entry-level multifamily investment or looking to expand their portfolio, this property presents a unique opportunity in one of Miami's strongest real estate markets.

Agent Information

Location

98 NW 47th Ave, Miami, FL, 33126, Miami, FL

Data

Object TypeMultifamily
Purchase Price$1,100,000
Living Space1818 m²
Plot Size464.52 m²
BathroomsN/A
Construction Year1953
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeN/A
Primary Energy SourceN/A
Construction Year1953
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent