• listing
  • 4 UNIT MULTIFAMILY | APARTMENTS
1786 SW 9th St Miami, FL 33135 Shenandoah, FL 33135
  • 4 UNIT MULTIFAMILY | APARTMENTS
  • $2,250,000 ($562,500/Unit)
  • 6.31% Cap Rate

4 UNIT MULTIFAMILY | APARTMENTS

ONE Commercial Real Estate is pleased to present Casa Linda, four newly renovated 3bedroom 2bath luxury apartments located in the heart of Shenandoah, Miami and adjacent to the exciting Little Havana, Miami.

Full gut renovation and 40/50-year Certification completed in 2023 this exceptional renovation exudes refinement within all interior and exterior finishes. No expense was spared in aiming to achieve the highest level of build, not limited to all new windows, doors, individual HVAC systems, plumbing, electric, ass well as significant structural & roofing components like new joists, new framing, new subfloors, new tie-columns and tie-beams.

Each apartment features new flooring, drywall, fully remodeled kitchens & baths, stainless steel appliances, smart home tech, and in-unit stackable washer and dryer. The backyard(s) and common areas have been resurfaced, providing a fresh and clean environment for residents to enjoy with private backyard patios for the first floor units. Additionally, the building is being delivered with Tenants, providing new ownership immediate returns from annual leasing operations.

The Shenandoah & Little Havana neighborhoods hve seen tremendous growth with their mix of cultural vibrance and favorable location within Miami. A rich tapestry of music, art, cuisine and entertainment has facilitated steady business and residential growth year after year for decades. Their accessibility to Downtown, Brickell, and major highways continue to support residential demand & tourism. For these reasons, Casa Linda positions itself to meet this growing demand for luxury product within the submarket by delivering a competitive product capable of outperforming comparable options within the segment.


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Clark
Patterson
Investment Sales Broker

Property Info

  • PROPERTY TYPE
    Residential - Multifamily
  • CONSTRUCTION BUILD
    CBS - Concrete Block Structure
  • LOT SIZE
    5,900 SF
  • GROSS LEASABLE AREA (GLA)
    4,000 SF
  • ACTUAL AREA (TOTAL BUILT)
    4,324 SF
  • ASKING PRICE
    $2,250,000
  • PRICE PER UNIT
    $562,500
  • CURRENT YEARLY INCOME
    $176,400
  • CAP RATE
    6.31%

Location

1786 SW 9th St Miami, FL 33135,
Shenandoah, FL 33135

Contact

contact Clark
312.952.4995
3250 Mary Street, Suite 520
Coconut Grove, FL 33133

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