Newly constructed 10-unit multifamily asset in the rapidly growing East Little Havana submarket of Miami. The building features a well-balanced unit mix of FOUR studio apartments and SIX two-bedroom residences, designed to appeal to a wide range of tenants, including young professionals, medical employees, and small families. Each unit includes modern kitchens, stainless steel appliances, porcelain tile flooring, central air conditioning, and an in-unit washer and dryer, providing a contemporary living experience that supports strong tenant demand. Based on current market rents, the property has the potential to generate approximately $22,000 in gross monthly income, or $264,000 annually, representing an estimated capitalization rate of approximately 6 percent.

The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Data last updated on August 20, 2026

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More Info

Basic Information

List Price$3,775,000
MIAMIA12002015
MlsStatusActive
PublicSurveyRange41
Square Feet7,000
Tenant PaysElectricity, Insurance, Water
Virtual TourView Tour

Utilities

CoolingCentral Air
Green Energy EfficientAppliances
Heat SystemCentral, Electric
SewerPublic Sewer
Water SourcePublic

Basic Information

Property SubTypeMulti Family
StatusActive

Building

Building Area Total6,098
Number Of Buildings1
Stories3
Structure TypeApartment, Multi Family
Units10
Year Built2026

Location

Area41
Building Number1037
CountyMiami-Dade
Zip33128

Property

Acreage0.16
Lot Size Area7,000
Parking FeaturesAssigned, Covered
Parking Spaces6
Zoning3900

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Grier Allen

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