Commercial property in Miami, Florida 231.88 sq.m. № 1988105

Commercial property in Miami, Florida 231.88 sq.m. № 1988105
ID1988105 $ 1 500 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
1988105

Property description

Prime central Miami location —less than a mile from Brickell’s shops and nightlife and only minutes from Downtown Miami, Bayfront entertainment, and Little Havana’s vibrant Calle Ocho. Residents benefit from rapid access to major corridors (I-95, SR-836 and the MacArthur Causeway) for easy commuting across the city. Miami International Airport is just a quick drive away, adding convenience for travelers and professionals. The combination of walkable cultural spots, strong restaurant corridors, major employment centers, and fast airport access makes this property appealing for both long-term rentals and short-term rental demand. Currently run as 8 short-term rental studios, each averaging approximately $1,500 per month.. This property is a true cash-flow performer with strong in-place income. Investors have the flexibility to continue maximizing returns through short-term rentals or transition the building back to its original fourplex configuration for a more management-efficient operation. The existing unit mix of four one-bed/one-bath apartments provides stable long-term rental demand while preserving upside for future value-add or repositioning strategies.
MLS #: A11927668
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CityMiami
Address601 SW 6th Ave, Miami FL 33130
TypeCommercial property
Living space231.88 m²
  • sq. ft
Completion dateIV quarter, 1954
Parking places4
Price
  • Price
  • per m²
$ 1 500 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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