98 NW 47th Ave
98 NW 47th Ave | Miami, FL 33126-5234, US
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property
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eXp Commercial is pleased to present 98 NW 47th Ave, a 5-unit apartment building in Miami's Flagami neighborhood. Built in 1953, the property is centrally located, providing easy access to major employers and attractions. Being minutes away from the airport is a significant advantage for both frequent travelers and weekend visitors. The T4-L zoning designation is particularly advantageous for investors, as it allows for short-term rental operations. This flexibility enables investors to capitalize on Miami's thriving tourism industry, potentially increasing rental income. With its manageable size, this 5-unit complex, consisting of studios, allows for hands-on management and presents opportunities for value-add improvements to enhance rental income and property value. Ideal for those seeking an entry-level multifamily investment or looking to expand their portfolio, this property presents a unique opportunity in one of Miami's strongest real estate markets.
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Located in the heart of Miami, this area offers unmatched access to vibrant cultural, economic, and recreational opportunities. The property is near Miami International Airport, providing seamless connectivity for residents or tenants. Nearby attractions include the bustling Wynwood Arts District, famed for its street art and creative spaces, and Little Havana, a lively neighborhood rich in Cuban culture and cuisine. Just minutes from SR 836 Expressway, the area ensures easy access to Miami's major business districts like Downtown Miami and Brickell, ensuring strong rental demand from professionals. With Miami's growing economy and diverse population, this location promises long-term investment potential.