220 NW 11TH TER

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220 NW 11TH TER

MIAMI, FL 33136-2756
Asking Price
$2.35M
Cap Rate
6.26%
Asset Type
Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily residential building featuring 12 individual rental units.
  • Property is listed for sale with an asking price of $2,350,000.
  • Investment currently delivers a calculated cap rate of 6.26 percent.
  • Asset is situated in a rapidly evolving corridor of Miami.
  • Located within the 33136 zip code of Florida.

What's Special

Miami’s evolving corridor hosts this 12-unit multifamily asset situated at 220 NW 11th Ter. Positioned within an active submarket of Miami, the property benefits from the continued urban transformation of the surrounding district. The area features a dense urban environment that attracts a steady rental base, making this an functional acquisition for investors seeking to grow their footprint in the city. The central location provides proximity to major regional infrastructure and the diverse employment centers that define the Miami economy. Prospective buyers may consider this asset for long-term hold strategies or repositioning efforts to match the current market demand. This offering presents a stable residential investment opportunity within a high-growth region characterized by its ongoing development and population density. The building layout supports efficient management and consistent occupancy potential, serving the needs of the local residential market.

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NOI
$80,000
Cap Rate
3.40%
DSCR
0.57
Underwater
Cash-on-Cash
-8.44%
Monthly Payment
$11,626.518
Annual Cash Flow
$-59,518.214

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