1028 9th Ave ,Apartments for Sale & Rent

1028 9th Ave for Sale & Rent

Price $2,500,000.00

  • Lot size 7250
  • Year Build 1925
  • Waterfront
  • Zip 33130
  • Style
  • Parking Description
  • Pool Yes
  • Status Active
Contact usSchedule Tour

Description

In East Little Havana, abutting the Roads neighborhood and in walking distance to Brickell is this 23 unit multifamily income cash-cow that has been historically licensed with an active motel/inn license and operated once as a rooming house. Now it is vacant, and waiting for a savvy investor to gut and restore this iconic building into a money-generating business once again. 23 units, 9 bathrooms in a classic SRO (single room occupancy hotel) configuration, where kitchen and baths are shared with other units. The neighborhood is experiencing dynamic growth, unparalleled demand, and rents continue to rise creating demand for alternative housing solutions like this opportunity. Invest now and establish your own creative mark in the area.

STUARTS SUB PB 7-133 LOT 6 & N50FT LOT 9 BLK 3 LOT SIZE IRREGULAR OR 12369-5657 1284 4 COC 25303-0466 01 2007 1

In East Little Havana, abutting the Roads neighborhood and in walking distance to Brickell is this 23 unit multifamily income cash-cow that has been historically licensed with an active motel/inn license and operated once as a rooming house. Now it is vacant, and waiting for a savvy investor to gut and restore this iconic building into a money-generating business once again. 23 units, 9 bathrooms in a classic SRO (single room occupancy hotel) configuration, where kitchen and baths are shared with other units. The neighborhood is experiencing dynamic growth, unparalleled demand, and rents continue to rise creating demand for alternative housing solutions like this opportunity. Invest now and establish your own creative mark in the area.

City:Miami,Zoning:5700,List A O R:A-Miami Association of REALTORS,Latitude:25.7635034,List Price:2500000,Listing Id:A11188519,Longitude:-80.2088413,Mls Status:Active,Year Built:1925,Postal Code:33130,Street Name:9th Ave,Coordinates:1:25.7635034,Photos Count:47,Days On Market:297,Lot Size Units:Square Feet,On Market Date:2022-04-01,Parcel Number:01-41-38-012-0210,Property Type:Commercial Sale,Street Number:1028,Public Remarks:In East Little Havana, abutting the Roads neighborhood and in walking distance to Brickell is this 23 unit multifamily income cash-cow that has been historically licensed with an active motel/inn license and operated once as a rooming house. Now it is vacant, and waiting for a savvy investor to gut and restore this iconic building into a money-generating business once again. 23 units, 9 bathrooms in a classic SRO (single room occupancy hotel) configuration, where kitchen and baths are shared with other units. The neighborhood is experiencing dynamic growth, unparalleled demand, and rents continue to rise creating demand for alternative housing solutions like this opportunity. Invest now and establish your own creative mark in the area.,County Or Parish:Miami-Dade County,Expiration Date:2023-05-31,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3724,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:SW,Tax Annual Amount:17386,Unparsed Address:1028 SW 9th Ave, Miami FL 33130,Listing Agreement:Exclusive Right To Sell,Building Area Total:4742,Building Area Units:Square Feet,Lot Size Square Feet:7250,Original List Price:2500000,Public Survey Range:41,I D X Participation Y N:1,Syndication Remarks:In East Little Havana, abutting the Roads neighborhood and in walking distance to Brickell is this 23 unit multifamily income cash-cow that has been historically licensed with an active motel/inn license and operated once as a rooming house. Now it is vacant, and waiting for a savvy investor to gut and restore this iconic building into a money-generating business once again. 23 units, 9 bathrooms in a classic SRO (single room occupancy hotel) configuration, where kitchen and baths are shared with other units. The neighborhood is experiencing dynamic growth, unparalleled demand, and rents continue to rise creating demand for alternative housing solutions like this opportunity. Invest now and establish your own creative mark in the area.,Listing Contract Date:2022-04-01,Originating System I D:miamire,Public Survey Section:38,Street Number Numeric:1028,Tax Legal Description:STUARTS SUB PB 7-133 LOT 6 & N50FT LOT 9 BLK 3 LOT SIZE IRREGULAR OR 12369-5657 1284 4 COC 25303-0466 01 2007 1,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3%,Contract Status Change Date:2022-04-01,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,

  • Price $2,500,000.00
  • Price Change: 2022-04-12
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1925
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction
  • Parking Description
  • Flooring Type
  • Property Type Commercial Sale
  • Status Active
  • Listed 2022-04-12
  • Days on Market 302
  • Furnished
  • City Miami
  • Zip 33130
  • State Florida
  • Subdivision
  • Development Name
  • HOA Fees
  • Taxes 17386
  • Taxes Year