509 SW 78th Ct

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509 SW 78th Ct

Miami, FL 33144
Asking Price
$930K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building available for sale in Miami.
  • The property at 509 SW 78th Ct features two units.
  • The total asking price for the asset is 929,900 dollars.
  • Located within a major South Florida residential and commercial market.
  • Suitable investment for small-scale residential rental portfolios.

What's Special

Situated in the Miami submarket at 509 SW 78th Ct, this multifamily property consists of an apartment building containing two units. Miami continues to function as a significant hub for international trade, tourism, and finance, drawing a diverse population that drives consistent demand for residential rental housing across the metropolitan area. The property represents an entry-level acquisition for an investor looking to capitalize on the sustained growth of the South Florida real estate market. Given the configuration of the asset, this building is suitable for an owner-occupier or a landlord seeking to manage a small-scale rental portfolio. The location offers accessibility to major thoroughfares, connecting residents to the broader employment centers and lifestyle amenities found throughout Miami-Dade County. This apartment building provides a straightforward investment for those focused on stable residential yield in a densely populated urban environment.

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NOI
$80,000
Cap Rate
8.60%
DSCR
1.45
Strong
Cash-on-Cash
8.89%
Monthly Payment
$4,600.638
Annual Cash Flow
$24,792.346

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