8295 NE Miami Ct
$1,299,000
8295 NE Miami Ct, Miami, FL 33138
102,936
NOI
4,540 sqft
Building Size
Details:
Highlights:
- Cooling: Central Individual A/C
- Heating: Central Electric
- Construction Materials: Concrete Block Construction, CBS Construction
- Parking Features: Additional Spaces Available, Assigned, On Street
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.
Location
Gallery
