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Susan Larkin

susan.larkin@engelvoelkers.com +1(781) 801-5885

$ 4,695,000

Est. payment -/mo

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1801 NW 54th ST Miami, FL 33142

0.27 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Floral Pk 1St Amd

MLS Listing ID A12040278

HOA Y/N No

Tax Year 2025

Lot Size 0.270 Acres

Acres 0.27

Property Sub-Type Unimproved Land

Property Description

PRESENTING A 24-UNIT MULTI-FAMILY ASSET WITH STABLE IN-PLACE INCOME AND COMPELLING VALUE-ADD POTENTIAL IN EMERGING MIAMI WORKFORCE HOUSING SUBMARKET….Offering consistently high occupancy for this balanced mix of (6) 2 Bed/1 Bath and (18) 1 Bed/1 Bath units spread between market-rate and Section 8 tenancies, the property delivers dependable cashflow today with meaningful upside tomorrow via incremental capital improvements and rental growth. Featuring certainty from anup-to-date building recertification, select units have also benefited from interior upgrades including flooring, appliances, kitchens, and bathrooms. Additional features include on-site parking for approximately 11 vehicles, immediate access to mass transit, and coveted garden-style courtyard layout supporting continued modernization of the aesthetic.Positioned on a visible corner location along the path-to-progress NW 54th Street corridor, the asset benefits from excellent connectivity to the broader Miami urban core, providing convenient access between neighboring submarkets as Allapattah, West Little River, Buena Vista, Little Haiti and Midtown. As investment andredevelopment activity continues to expand throughout the West of I-95 region, Liberty City presents an attractive advantage to acquire a high-performing, low-risk asset with durable income, operational upside, and long-term appreciation potential.

Location

State FL

County Miami-dade

Area 2310

Zoning 6101

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Utilities Available Electricity Available, Water Available

Water Access Desc Public

Present Use Other

Building

Lot Description Central Business District

Sewer Public Sewer

Water Public

Schools

Elementary Schools Agenoria S. Paschal / Olinda

Middle Schools Brownsville

High Schools Miami Northwestern

Others

Restrictions City Restrictions

Tax ID 0131220522860

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12040278

Listed by Steffanie Jacobson The Alpha Commercial Advisors LLC

NEARBY SCHOOLS & PROPERTIES

Susan Larkin

Advisor | License ID: SL3570527

+1(781) 801-5885

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