18101 NW 7th Ave, Miami Gardens, FL 33169
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18101 NW 7th Ave, Miami Gardens, FL 33169
18101 NW 7th Ave, Miami Gardens, FL 33169
18101 NW 7th Ave, Miami Gardens, FL 33169
18101 NW 7th Ave, Miami Gardens, FL 33169
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 7,399,999
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18101 NW 7th Ave Miami Gardens, FL 33169

23,635 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 23,635 sqft

Price per Sqft $313

MLS Listing ID A11980572

HOA Y/N No

Year Built 1968

Lot Size 1.080 Acres

Property Sub-Type Multi Family

Property 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-Dade submarket.

Location

State FL

County Miami-dade

Area 21

Interior

Heating Central, Electric, Window Unit, Wall Furnace

Cooling Central Air

Exterior

Private Pool Yes

Building

Water Public

Others

Tax ID 34-21-12-003-0370

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11980572

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Trustpoint Realty, LLC.

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Alex Mendel

Alex Mendel

Agent

+1(561) 827-8449

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18101 NW 7th Ave

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