This 5,900 square foot multifamily apartment building has an ideal location at he corner of 14th Street and the beautiful tree lined Meridian Avenue. Its location across from Flamingo Park is just a block from Espanola Way and within walking distance to Lincoln Road and the beach.
This Miami commercial property is a great investment opportunity! It is 100% occupied and has a sizeable Net Operating Income with a 2.59% cap rate.
The classic "Art Deco" style building has two door access and sits on a 6,300 square foot lot. There are eight large one-bedroom, one-bathroom units that feature hardwood flooring and fireplaces.