18101 NORTH WEST 7TH AVE, Miami Gardens
$7,399,999 USD
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| Address | 18101 NORTH WEST 7TH AVE, Miami Gardens |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments |
| Price | $7,399,999 |
| Property Status | Active |
| MLS Number | A11980572 |
| Property Size | 47025 |
| Lot Size | 47025 |
| Year Built | 1968 |
| Folio Number | 34-21-12-003-0370 |
| Zoning Information | 6800 |
| Days on Market | 24 |
Detailed Description: Prime multifamily investment opportunity in Miami Gardens. This 32-unit property sits on just over one acre and features a strong unit mix of 23 two-bedroom, one-bath units and 9 one-bedroom, one-bath units. The property is currently 100% occupied and producing approximately $462,000 in net operating income, offering investors immediate cash flow with additional upside through future rent growth. The property benefits from over 50 on-site parking spaces and a roof installed in 2016. Many of the rents are below current market levels, providing a clear value-add opportunity for the next owner through strategic rent increases and operational improvements. Located along NW 7th Avenue, the property offers strong visibility and convenient access to major roadways, retail, and employment centers throughout Miami Gardens and the surrounding areas. This asset is well suited for investors seeking a stabilized multifamily property with long-term appreciation potential in a growing Miami-
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Address Information
| State | Florida |
| City | Miami Gardens |
| County | Miami-Dade County |
| Zip Code | 33169 |
| Address | 18101 NORTH WEST 7TH AVE |
| Section | 12 |
| Zip Code (4 Digits) | 4388 |
Financial Information
| Price | $7,399,999 |
| Price per Foot | $0 |
| Folio Number | 34-21-12-003-0370 |
Full Descriptions
| Detailed Description | Prime multifamily investment opportunity in Miami Gardens. This 32-unit property sits on just over one acre and features a strong unit mix of 23 two-bedroom, one-bath units and 9 one-bedroom, one-bath units. The property is currently 100% occupied and producing approximately $462,000 in net operating income, offering investors immediate cash flow with additional upside through future rent growth. The property benefits from over 50 on-site parking spaces and a roof installed in 2016. Many of the rents are below current market levels, providing a clear value-add opportunity for the next owner through strategic rent increases and operational improvements. Located along NW 7th Avenue, the property offers strong visibility and convenient access to major roadways, retail, and employment centers throughout Miami Gardens and the surrounding areas. This asset is well suited for investors seeking a stabilized multifamily property with long-term appreciation potential in a growing Miami- |
| Cooling Description | Central Individual A / C |
| Heating Description | Central Electric, Central Individual A / C, Wall / Window Units |
| Water Description | Public |
Property parameters
| Living Area | 47025 |
| Lot Size | 47025 |
| Total Acreage | 0.000 |
| Zoning Information | 6800 |
| Maximum Leasable Size | 47025 |
| Year Built | 1968 |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments |
| Street Direction | North West |
| Listed with | Trustpoint Realty, LLC. |