8295 NE Miami Ct

Miami, FL 33138

$1,299,000
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Beds
Baths
(0F 0H)
Living Area (sqft)
Year Built
1972

Description

Fausto Commercial presents 8295 NE Miami Ct, a strong multifamily investment in an Opportunity Zone with tax incentives. Built in 1972, the 4,540 SF property on an 8,000 SF lot offers T5-O zoning and a mix of one 2-bed/1-bath and five 1-bed/1-bath units. Features include new AC units, glass sliding doors, four balconies, and nine parking spaces. Strong rents, high Section 8 income, and very low expenses—thanks to a concrete roof that keeps wind insurance costs minimal—deliver exceptional performance even in today’s interest rate environment. 40 year recertification done in 2023. With upside in market rents and redevelopment potential, this asset offers cash flow and long-term growth in one of Miami’s fastest-rising corridors.

Property Details

MLS Area
Property Type
CommercialSale / MultiFamily
Listing Type
sale
Listing ID
A11857974

Location

Features

Constructionmaterials
1 item
  • Block
Cooling
1 item
  • Central Air
Heating
2 items
  • Central
  • Electric
Listingterms
2 items
  • Cash
  • Conventional
Parkingfeatures
2 items
  • Assigned
  • On Street
Propertysubtypeadditional
1 item
  • Multi Family
Roof
1 item
  • Concrete
Structuretype
1 item
  • Apartment
Tenantpays
2 items
  • Electricity
  • Hvac Maintenance
Watersource
1 item
  • Public

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