Commercial property in Miami, Florida 357.58 sq.m. № 1998479

Property description

Exceptional opportunity to acquire a 1925 Old Spanish–style fourplex in the highly desirable Shenandoah/Little Havana corridor, offering a rare blend of architectural charm, stable income, and long-term appreciation potential. This well-maintained, income-producing asset is free of violations and features four separate electric & water meters, completed 40-year certification, renovated units, and a rentable garage providing additional income. The property offers strong projected income with a total monthly rent of approximately $10,500 ($126,000 annually), including two spacious 3/1 units, a 2/1, a 1/1, and garage income. Located just steps from Calle Ocho, tenants enjoy walkable access to renowned restaurants, cafés, and cultural landmarks in one of Miami’s most vibrant rental markets. With clean compliance history, solid tenancy, and rental upside already in place, this is a turnkey, low-maintenance multifamily investment ideal for long-term hold in a supply-constrained, high-demand neighborhood!