Property Description

Little River Flats is a well-maintained 16-unit multifamily property located at 734 NW 80th Street, Miami, Florida 33150. Built in 1962, the property consists of one two-story building totaling 8,880 square feet on a 0.32 acre lot. The unit mix features sixteen one-bedroom / one-bathroom apartments averaging 555 square feet each. The property has been well cared for, featuring hurricane impact windows and doors, wall-unit air conditioning, and a flat concrete roof. Each unit is separately metered for electric, allowing for reduced ownership expenses and ease of management. Strategically positioned in the Little River submarket of Miami, the property benefits from exceptional accessibility to major employment and lifestyle hubs such as Downtown Miami, Wynwood, the Miami Design District, and Miami Shores. The surrounding area has experienced significant investment and redevelopment, with a growing concentration of creative businesses, restaurants, and multifamily infill projects that continue to enhance the neighborhood's appeal to renters. With stable in-place income and continued rental growth supported by the area's transformation, Little River Flats represents an attractive opportunity for investors seeking a well-located, cash-flowing multifamily asset in one of Miami's fastest-evolving submarkets.