1836 SW 6th St

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1836 SW 6th St

Miami, FL 33135
Asking Price
$1.80M
Asset Type
Multifamily
Class
Class B

What's Special

Located at 1836 SW 6th St, this multifamily property is situated in the Little Havana neighborhood of Miami. The area is characterized by a mix of historic residential architecture and evolving urban density. The site offers proximity to the Calle Ocho historic district, featuring a variety of local restaurants, retail centers, and cultural landmarks. Residents have access to major transit corridors, including SW 8th Street and the nearby Dolphin Expressway, providing direct links to Brickell, Downtown Miami, and the Health District. The property is positioned for long-term residential use, serving a tenant profile typically comprised of urban professionals and local workforce members seeking proximity to Miami’s primary employment hubs. Its location supports high walkability and accessibility to public transportation, making it suitable for renters focused on a commute-friendly lifestyle. The asset provides a stable housing option within a high-demand submarket characterized by consistent occupancy rates and steady residential growth.

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NOI
$80,000
Cap Rate
4.44%
DSCR
0.75
Underwater
Cash-on-Cash
-4.98%
Monthly Payment
$8,905.418
Annual Cash Flow
$-26,865.015

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