1700 NW 63rd St
1700 NW 63rd St
1700 NW 63rd St
1700 NW 63rd St
1700 NW 63rd St
1700 NW 63rd St
1700 NW 63rd St
Property Summary
Total Units:
10
Zoning:
T4-L
Unit Mix:
8 (1BA), 2 (2BR)
Proforma Cap Rate:
7.02 %
Description
Apex Capital Realty and MCG Realty Advisors are excited to present a unique investment opportunity. Located in one of Miami’s most vibrant and culturally rich neighborhoods, this 10-Unit multifamily building is ready for the right investor to come on board and take over the property and complete the renovations and restoration activities. This vacant multifamily property contains a unit mix of 8 (1BR/1BA) and 2 (2BR/1BA) apartments nestled in one of the brightest and upcoming areas of the Liberty City area. Take part in the incredible renaissance of this truly eclectic neighborhood renowned for its colorful streets, lively atmosphere, and deep-rooted heritage.
The rental market in Liberty City continues to flourish, with strong demand from a diverse range of prospective tenants. Recent revitalization efforts have brought new developments, including affordable housing, small businesses, and public green spaces, all aimed at uplifting the community while preserving its unique character. Strategically located just north of the vibrant Wynwood neighborhood, Miami Design District and bustling downtown business districts provide key access for residents and businesses alike. Its close proximity to the Health District provides even greater access to residents who need to relay on close public and private transportation to work.
Note: This building is currently vacant. Contact agents for full financial and proforma calculations.
Lot & Building Size Breakdown:
Total Building Size:
5,418 SF
Total Lot Size:
8,280 SF
Property Highlights
Investment in Liberty City
Rising Demand for Housing
Cultural and Economic Revitalization
Proximity to Key Areas
Sustainable Growth Opportunity
Details
Property size: 5,418 SF
Property Status:
For Sale
Property Type: Multifamily
Land Area: 8,280 SF
Address
City: Miami
State/country: FL