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Map
$2,573,558*
●
Commercial -
Off Market
1028 SW 9th Ave
Miami, FL 33130
Studio
0 Bath
$2,250,000 - $2,750,000
Reference Base Price*
2.94%
Since Jul 1, 2023
FL-Miami
Primary Model
About This Property
In East Little Havana, abutting the Roads neighborhood and in
walking distance to Brickell is this 23 unit multifamily income
cash-cow that has been historically licensed with an active
motel/inn license and operated once as a rooming house. Now it is
vacant, and waiting for a savvy investor to gut and restore this
iconic building into a money-generating business once again. 23
units, 9 bathrooms in a classic SRO (single room occupancy hotel)
configuration, where kitchen and baths are shared with other units.
The neighborhood is experiencing dynamic growth, unparalleled
demand, and rents continue to rise creating demand for alternative
housing solutions like this opportunity. Invest now and establish
your own creative mark in the area.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$1,449
HOA Dues
-
Year Built
1925
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2023 | No longer available | - | |
| No longer available | |||
| Apr 1, 2022 | Listed | $2,500,000 | |
| Listed | |||
| Jan 24, 2007 | Sold | $570,000 | |
| Sold | |||
Property Highlights
1028 SW 9th Ave
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
Quadruplex
Stu
-
7,676 ft²
$300/ft²
$2,300,000
Jan 24, 2023
-
$2,100/mo
Active
Quadruplex
Stu
-
3,849 ft²
$572/ft²
$2,200,000
Apr 6, 2023
-
$683/mo
Active
Quadruplex
Stu
-
4,691 ft²
$597/ft²
$2,800,000
Jun 23, 2023
-
$985/mo
Active
Triplex
Stu
-
4,054 ft²
$518/ft²
$2,100,000
Feb 3, 2022
-
$1,019/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
04/01/2022
|
|
Loft
|
-
|
-
|
$2,500,000
Loft
-
|
-
-
|
-
|
Mauricio Villasuso
Fausto Commercial Realty Consultants Inc
|
Building Info
