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1786 SW 9th St
Miami, FL 33135 Coral Way

$2,250,000 USD

Apartments For Sale  •  5,900 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,900 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1920
  • Cap Rate 6.31 %
  • Zoning 5700
51 Transit Score
93 Walk Score

Highlights

Full Gut Renovation Completed in 2023
40/50 year Certification Obtained 2023
Fully Stabilized with Low Landlord Expenses
Four 3bed/2bath Units with First Floor Units Having Private Outdoor Space
New Joists, new framing, new subfloors, new tie-columns and tie-beams

Property Flyers

Financial Summary (Actual)

Net Operating Income: $146,198 USD (2023)
Cap Rate: 6.31 %
Total Expenses: $30,202 USD

Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Double Pane Windows

Public Transportation

Commuter RailDriveWalkDistance
Culmer (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 6 min - 2.5 mi
Vizcaya (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 6 min - 2.9 mi
AirportDriveWalkDistance
Miami International 20 min - 10.4 mi
Fort Lauderdale/Hollywood International 36 min - 24.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Clark Patterson 312-952-4995 ONE Commercial Real Estate
Clark Patterson 312-952-4995 ONE Commercial Real Estate