Located in the heart of vibrant Little Havana, this 10-unit multifamily property presents an investment opportunity with significant upside. The neighborhood’s strong rental demand, driven by its cultural richness and central location just minutes from Brickell, Downtown, and the Health District, makes this an ideal asset for repositioning. The property does require deferred maintenance, creating a clear value-add opportunity for investors looking to renovate and increase rents. Situated on a generous lot, it is zoned 30-Multi-Family, Low-Density (under 25 DU/Gross Acre) and falls under the CI – Civic Institution designation, which may allow for flexible future redevelopment or continued residential use
Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.
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