An incredible opportunity to acquire a well-maintained 10-unit apartment building just 1.5 blocks north of Calle Ocho in the southeastern corner of Little Havana. The efficient unit mix features nine 2BR/1BA apartments and one 1BR/1BA apartment.
All units have balconies and have been updated with newer appliances and cabinetry, with four showcasing refinished terrazzo flooring. Recent improvements include a roof that is less than 10 years old, a fully updated electrical room (2025), re-sealed and re-stripped parking lot (2025) and a successful re-certification in 2019.
The property consistently operates near 100% occupancy with minimal lease-up time. Current tenancy is a mix of month-to-month and annual leases, all expiring Dec 2025–Jan 2026 or subject to a 60-day kick-out, providing both stability and flexibility. 12,500 SF lot with 12 parking spaces.
| Price | $2,995,000 |
| Price Per Unit | $299,500 |
| Sale Type | Investment |
| Cap Rate | 5.29% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 8,446 SF |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 1.42/1,000 SF |
| Zoning | T5-L |