2020 NW 51st St

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2020 NW 51st St

Miami, FL 33142
Asking Price
$619K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Residential apartment building located at 2020 NW 51st St in Miami
  • Asset offered for sale at a price point of $619,000
  • Multifamily property positioned in the active Miami metropolitan housing market
  • Suitable investment for buyers focused on long-term residential rental income
  • Strategic location within Florida provides access to key regional infrastructure

What's Special

Multifamily assets for sale at 2020 NW 51st St in Miami provide a functional investment vehicle for buyers seeking to expand their residential portfolio. This apartment building sits within the Miami market, an area characterized by consistent population growth and significant demand for workforce housing. Its positioning in this central Florida locale allows for reliable access to regional employment hubs and major transportation corridors that define the urban landscape. Investors might consider this property for long-term rental hold strategies or value-add repositioning to align with the current requirements of local residents. The site serves as a practical choice for those evaluating income-producing opportunities in a dense metropolitan submarket.

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NOI
$80,000
Cap Rate
12.92%
DSCR
2.18
Strong
Cash-on-Cash
23.29%
Monthly Payment
$3,062.474
Annual Cash Flow
$43,250.309

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