Commercial property in Miami, Florida 181.62 sq.m. № 1975088

Property description

Centrally located in Allapattah, this 4-unit multifamily property features four 1-bed/1-bath apartments in one of Miami’s most active and rapidly evolving business districts. The neighborhood offers exceptional accessibility—just minutes to Wynwood, Health District, Downtown Miami, and major employment centers, with quick connections to SR-836, I-95, and the Airport Expressway. This makes the building especially well-suited for employee or workforce housing. The under-utilized lot offers significant long-term upside, with strong potential for redevelopment into industrial use—likely the highest and best use given surrounding zoning trends, the area’s industrial demand, and the ongoing transformation of Allapattah into a major logistics, manufacturing, and creative-production hub. The electric and water at this property is separately metered.