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Alex Mendel

alex@mendelgroupfl.com +1(561) 827-8449

$ 1,445,000

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Active

329 SW 9th Ave Miami, FL 33130

3,380 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,380 sqft

Price per Sqft $427

Subdivision Brickell Riverview

MLS Listing ID A11959419

Style Fourplex

HOA Y/N No

Year Built 1975

Annual Tax Amount $13,795

Tax Year 2025

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

Community Brickell Riverview

Area 41

Direction Please use GPS navigation

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Laminate, Vinyl

Window Features Impact Glass

Exterior

Exterior Feature Balcony, Fence, Security/High Impact Doors

Pool None

Community Features Laundry Facilities

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 6

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Others

Tax ID 01-41-38-003-3960

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

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

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Pellego, LLC

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Alex Mendel

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+1(561) 827-8449

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Alex Mendel

329 SW 9th Ave Miami, FL 33130

Key Details

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329 SW 9th Ave