Strategic Investment opportunity, Classic architecture 10-units multifamily building (1 bed- 1 bath units) with potential for restoration benefits in the sought-after T- 5 L zoning, combining history, prime location, and financial stability. Situated next to the Marlins Stadium, schools and shops. Maximum convenience! Building with a shared laundry for easy access and time-saving. Beautiful patio with a lush avocado tree. Its potential for renovations or upgrades could significantly increase rental rates and property value. Investors willing to modernize the units could benefit from higher rental income and improved marketability. With proper management and strategic upgrades, this building could continue to be a profitable and valuable asset in Miami’s real estate market.
Fausto Commercial Realty Consultants Inc
Features & Details
Learn about the features and details of 227 NW 13th Ave
Property Details
Property Type
MultiFamily
Living Area
6,188 sqft
Year Built
1926
Lot Size
5,000 sqft
Stories
-
Annual Tax
$27,994.00
List Date
3/17/2025
Updated
6/7/2025
Last Checked
Recent
MLS Number
#A11765269
Brokerage
Fausto Commercial Realty Consultants Inc
Postal Code
33125
Area
Miami-Dade
City
Miami
Additional Property Features
Occupancy
Tenant
List Price
$2,000,000.00
Unit Number
-
Construction
Construction
Heating
Heating
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
No
Elevator
No
Locker
No
Swimming Pool
No
Patio
No
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
Assessment Year
Assignment
No
Extras Included
None
Inside
Bedrooms & Baths
0 Bed, 0 Bath
Ensuite
Yes
Bathrooms
0
Flooring
Mixed
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Price history
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Mortgage Calculator
Estimate monthly payments for 227 13th Ave
20.5%100%
30 Years
Estimated Monthly Payment
$8,056
Cash Flow Analysis
Mortgage Payment:
$8,056
Monthly Payment:
$10,388.83
Break Even Down Payment:
100%
Cash Flow
$0
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Discover this exceptional multifamily in the heart of West Miami - Miami, Miami. This well-appointed property offers 6,188 square feet of living space situated on a 5,000 square foot lot. Originally built in 1926. Offered at $2,000,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.