450 Beacom Blvd

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450 Beacom Blvd

Miami, FL 33135
Asking Price
$1.65M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily asset located at 450 Beacom Blvd in Miami
  • Current asking price for the apartment building is $1,649,000
  • Property situated within the high-demand 33135 zip code area
  • Offers close proximity to major Miami employment and transit hubs
  • Well-positioned asset for long-term residential real estate investment

What's Special

Investors seeking to expand their residential holdings in Miami will find this multifamily apartment building at 450 Beacom Blvd a functional addition to their portfolio. Situated within the 33135 zip code, the property benefits from its proximity to major transit arteries and the dense, vibrant urban core of South Florida. This location remains a primary hub for renters who require access to downtown employment centers, medical districts, and the extensive network of local services that define the region. With its prime position in a high-demand rental market, the building serves as a stable asset for those focused on long-term capital preservation or consistent cash flow generation. Developing or maintaining residential units in this submarket aligns with the ongoing demographic growth of Miami. The property sits amidst a diverse mix of commercial and residential infrastructure, ensuring connectivity for tenants and utility for owners. Its strategic placement invites interest from experienced operators looking to leverage the sustained housing demand characterizing this segment of the local real estate landscape.

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NOI
$80,000
Cap Rate
4.85%
DSCR
0.82
Underwater
Cash-on-Cash
-3.62%
Monthly Payment
$8,158.352
Annual Cash Flow
$-17,900.227

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