Miami Springs
$1,900,000 USD
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| Address | Miami Springs |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments, Commercial / Residential Income |
| Property Style | Income Non-Waterfront |
| Price | $1,900,000 |
| Property Status | Active |
| MLS Number | A11876792 |
| Property Size | 8125 |
| Lot Size | 8125 |
| Year Built | 1946 |
| Folio Number | 05-31-20-034-0801 |
| Zoning Information | 3702 |
| Days on Market | 5 |
Detailed Description: Discover 1490 Oakwood Dr, a rare 7-unit multifamily property zoned R-3C in one of Miami’s most desirable locations. Just steps from Miami International Airport, the highly anticipated Freedom Park Soccer Stadium, and major highways, this property offers unmatched convenience in the heart of it all—while still enjoying the charm and prestige of Miami Springs. All units are currently leased below market rent, presenting significant upside potential for increased cash flow. Options abound: renovate and raise rents, convert to lucrative short-term rentals like Airbnb, or redevelop into something truly spectacular. With demand for centrally located investment properties at an all-time high, this is a chance to secure a property with unlimited possibilities in a high-growth area
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Address Information
| State | Florida |
| City | Miami Springs |
| County | Miami-Dade County |
| Zip Code | 33166 |
| Section | 20 |
| Zip Code (4 Digits) | 7292 |
Financial Information
| Price | $1,900,000 |
| Price per Foot | $0 |
| Folio Number | 05-31-20-034-0801 |
| Tax Amount | $16,384 |
| Tax Year | 2024 |
| Possession Information | Funding |
Full Descriptions
| Detailed Description | Discover 1490 Oakwood Dr, a rare 7-unit multifamily property zoned R-3C in one of Miami’s most desirable locations. Just steps from Miami International Airport, the highly anticipated Freedom Park Soccer Stadium, and major highways, this property offers unmatched convenience in the heart of it all—while still enjoying the charm and prestige of Miami Springs. All units are currently leased below market rent, presenting significant upside potential for increased cash flow. Options abound: renovate and raise rents, convert to lucrative short-term rentals like Airbnb, or redevelop into something truly spectacular. With demand for centrally located investment properties at an all-time high, this is a chance to secure a property with unlimited possibilities in a high-growth area |
| Cooling Description | Wall / Window Unit (s) |
| Heating Description | Wall / Window Units |
| Water Description | Public |
| Sewer Description | Public Sanitation |
Property parameters
| Living Area | 8125 |
| Lot Size | 8125 |
| Total Acreage | 0.000 |
| Zoning Information | 3702 |
| Maximum Leasable Size | 8125 |
| Year Built | 1946 |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments, Commercial / Residential Income |
| Style | Income Non-Waterfront |
| Construction Type | Concrete Block Construction |
| Listed with | Real Estate Sales Force |