Prime Investment Opportunity in Miami Springs. 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 Stadi

Miami Springs

$1,900,000 USD
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AddressMiami Springs
Building NameEDGEWATER PARK AMD PL
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$1,900,000
Property StatusActive
MLS NumberA11876819
Living Area3645
Year Built1946
Parking Space Number15
Folio Number05-31-20-034-0801
Zoning Information3702
Days on Market13

Detailed Description: Prime Investment Opportunity in Miami Springs. 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, 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.

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Address Information
StateFlorida
CityMiami Springs
CountyMiami-Dade County
Zip Code33166
Section20
Zip Code (4 Digits)7292
Financial Information
Price$1,900,000
Price per Foot$0
Folio Number05-31-20-034-0801
Tax Amount$16,384
Tax Year2024
Possession InformationFunding
Full Descriptions
Detailed DescriptionPrime Investment Opportunity in Miami Springs. 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, 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.
Roof DescriptionCurved / S-Tile Roof
Floor DescriptionOther, Tile, Vinyl
Cooling DescriptionWall / Window Unit (s)
Heating DescriptionWindow / Wall
Sewer DescriptionPublic Sewer
Property parameters
Living Area3645
Zoning Information3702
Year Built1946
Type of PropertyQuadruplex
StyleQuadruplex
Building NameEDGEWATER PARK AMD PL
Development NameEDGEWATER PARK AMD PL
Construction TypeConcrete Block Construction
Stories Number2.000
Parking Space Number15
Listed withReal Estate Sales Force