1801 NW 54th St, Miami, FL, 33142
1801 NW 54th St, Miami, FL, 33142 - Image 21801 NW 54th St, Miami, FL, 33142 - Image 31801 NW 54th St, Miami, FL, 33142 - Image 41801 NW 54th St, Miami, FL, 33142 - Image 5

1801 NW 54th St, Miami, FL, 33142

PRESENTING A 24-UNIT MULTI-FAMILY ASSET WITH STABLE IN-PLACE INCOME AND COMPELLING VALUE-ADD POTENTIAL IN EMERGING MIAMI WORKFORCE HOUSING SUBMARKET.... Offering consistently high occupancy for this balanced mix of (6) 2 Bed/1 Bath and (18) 1 Bed/1 Bath units spread between market-rate and Section 8 tenancies, the property delivers dependable cashflow today with meaningful upside tomorrow via incremental capital improvements and rental growth. Featuring certainty from an up-to-date building recertification, select units have also benefited from interior upgrades including flooring, appliances, kitchens, and bathrooms. Additional features include on-site parking for approximately 11 vehicles, immediate access to mass transit, and coveted garden-style courtyard layout supporting continued modernization of the aesthetic. Positioned on a visible corner location along the path-to-progress NW 54th Street corridor, the asset benefits from excellent connectivity to the broader Miami urban core, providing convenient access between neighboring submarkets as Allapattah, West Little River, Buena Vista, Little Haiti and Midtown. As investment and redevelopment activity continues to expand throughout the West of I-95 region, Liberty City presents an attractive advantage to acquire a high-performing, low-risk asset with durable income, operational upside, and long-term appreciation potential.

Information

Property typeLand
Plot size11,880 sqft
Last sold2022-10-28
Last sold priceUSD 4,000,000
CountyMiami-Dade
ZIP code33142
LocationMiami, United States

USD 4,395,000

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Where it's located

Miami, United States

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