Fausto Commercial is pleased to present this Little River 8 unit multi family apartments. The 8 unit apartments consist of two separate and two story buildings right next to each other with each having one bedroom, one bath and kitchen. Located at 7513 and 7521 N Miami Ave, Miami, Fl 33150 totaling 2,888 rentable square feet eachrnapartment building. Property is a 1960’s vintage with some units having been remodeled recently. It is situated on a 4,123 Sq Feet of T5-R land each building. Both properties are being offered for sale at $1,650,000 representing a 5.06 cap rate based on current in-place income. After some renovation and increasing rents to the market average, the year one cap is expected to increase to 5.51%. Short Term or AirBnB Proforma can represent a 7.72% Cap Rate.