Welcome to your next investment gem located at 635 SW 16th Ave, Miami, FL 33135. This meticulously renovated fourplex offers a blend of luxury, comfort, and superb design, set on a generous 5,000 sqft lot, with an impressive 1,800 sqft of living space. Property Highlights: Type: Multi-Family Price: $1,495,000 Cap Rate: 6% ROI Units: 4 (Three 1-bedroom units and one studio) Lot Size: 5,000 sqft Building Size: 1,800 sqft Key Features Include: Complete Renovation: Every inch of this property has been transformed, from a brand new roof to stunning new flooring throughout. Experience the peace of mind that comes with comprehensive upgrades. Modernized Units: Each apartment within the building has been exquisitely updated, featuring new kitchens and bathrooms, fresh paint both inside and out, and high-quality finishes that are sure to attract discerning tenants. Safety and Comfort: Equipped with new hurricane impact windows, ensuring tenant safety and comfort during Florida’s dynamic weather, while also providing noise reduction and energy efficiency. New Systems: Completely updated electrical and plumbing systems, guaranteeing a seamless and hassle-free living experience. This property is ideally situated just one block from the vibrant and cultural Calle Ocho, placing future tenants in the heart of Miami’s renowned attractions, dining, and entertainment options. The central location combined with the upscale renovations makes this fourplex a highly desirable option for renters seeking a stylish and convenient lifestyle in Miami. Investment Potential: With a solid 6% ROI, this property is not just a building but a valuable asset that promises growth and profitability. It is perfect for investors seeking a turnkey solution in a high-demand area. Seize the opportunity to own this spectacular, income-generating property in one of Miami’s most sought-after neighborhoods. Whether expanding your portfolio or entering the investment scene, 635 SW 16th Ave offers an unmatched blend of style, security, and profitability. Zoned T5-O, allowing mixed-use with higher density—ideal for diverse development options.
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