5204 N Miami Ave

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5204 N Miami Ave

Miami, FL 33127
Asking Price
$1.85M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Four-unit multifamily apartment building available for purchase
  • Asset is located at 5204 N Miami Ave
  • Asking price set at 1,850,000 dollars
  • Property situated within the Miami metropolitan area
  • Suitable for investors targeting small-scale residential assets

What's Special

This multifamily apartment building is currently available for sale, presenting a straightforward acquisition for investors focused on the Miami market. The property consists of four units and is positioned in a central Miami neighborhood. As the city continues to experience robust population growth and significant demand for residential housing, this asset provides a stable entry point for those seeking to expand their portfolio within the Florida real estate sector. The configuration of the building makes it a viable candidate for long-term rental income strategies given its proximity to core urban employment hubs and transit arteries. Experienced investors will recognize the utility of small-scale residential holdings in this particular submarket, where rental demand remains consistent among the local workforce. This asset offers a tangible opportunity to capitalize on the sustained residential needs of the greater Miami metropolitan region through a direct, four-unit investment structure.

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NOI
$80,000
Cap Rate
4.32%
DSCR
0.73
Underwater
Cash-on-Cash
-5.38%
Monthly Payment
$9,152.791
Annual Cash Flow
$-29,833.487

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