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Priced at $779,000, this multifamily apartment building located at 6500 NW 21st Ave presents a clear investment option within the Miami market. The property consists of two distinct units, providing a straightforward addition to an existing rental portfolio or a manageable entry point for a private investor. The surrounding Miami area remains a dense and active environment, characterized by consistent demand for residential housing and proximity to major urban infrastructure. Capitalizing on the stable local rental climate, this asset type serves as a functional vehicle for long-term income generation. The building layout supports residential use, fitting well into the diverse housing fabric of the neighborhood. Investors seeking exposure to the South Florida market will find this property aligns with typical apartment living requirements found throughout the metro region. Its structure allows for immediate utility in a competitive real estate landscape where residential inventory remains a key component of the economy.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.