8-Unit Multi-Family in Miami Design District’s Buena Vista

$1.5M with a 5.6% Cap Rate

  • Address 143 NE 43rd Street
  • Building #1 Units 4 x 2/1's
  • Building #2 Units 4 x 1/1's
  • Total Units 8
  • Bldg #1 Size 3,272 SF
  • Bldg #2 Size 1,703 SF
  • Lot Size 5,250 SF
  • 40-Year Re-Certification Granted 2016
  • Certificate of Use 8-Unit Apartments
  • AS-IS Cap 4.2%
  • Proforma Cap 5.6%
  • Post Improvement Cap 7.4%
  • Firm Price $1,500,000

143 NE 43rd Street Miami, FL 33137

A RARE INVESTOR OPPORTUNITY in one of the most desirable areas in Miami. THIS TWO-FLOOR 1920’s HISTORICAL SPANISH 8-UNIT MULTIFAMILY, WITH LOVELY BALCONIES AND COZY COMMON AREAS is just 2 blocks from Design District, shops, restaurants, cafes & galleries. Buildings are only minutes from Miami Airport, Biscayne Bay, Wynwood, Downtown Miami and the Beach! VISIT THIS PRIME BUENA VISTA EAST LOCATION – Walk amidst quiet and safe streets full of flowering trees in blooming Buena Vista. 40-year re-certifications completed in 2016. Both buildings are 100% occupied. Aerial drone video available.

 

 

AUTHORIZATION GRANTED TO RE-MARKET. FREE MATERIALS BELOW WITH CONTACT INFO REMOVED.