1484 NW 15th Avenue
Miami, FL 33125
Square Ft.
6,552
$2,275,000
River 8 Apartments is an 8-unit multifamily property at 1484 NW 15th Avenue in the heart of Miami’s Health District. Originally built in 1975, the building has been substantially renovated under current ownership. The flat concrete roof was fully replaced in 2024, the 40-Year Recertification is complete, the property has… Read More hurricane impact windows throughout, new railings, and a newly finished parking lot.The property is comprised of 100% 2-bedroom, 1-bathroom layouts averaging 819 square feet. Every unit has central air conditioning, and each second-floor unit has its own private balcony. Several units have received interior upgrades such as quartz or granite counter tops, new kitchen cabinets, stainless steel appliances and luxury vinyl plank flooring in select units. Parking is a real advantage at River 8, 17 on-site car spaces plus 2 motorcycle spaces results in more than two spaces per unit. The 2-story building sits on a double lot of 10,800 square feet (0.25 acres) zoned T6-8-R. Under current zoning, the site allows up to 37 units and eight stories to be built. Buyers can hold a stabilized, cash-flowing asset today while controlling a well-located development site for the future.River 8 sits within a ten-minute walk from the Miami Health District, one of the largest concentrations of medical and research employment in the Southeast and support thousands of jobs within blocks of the property. Read Less
Courtesy of MSP Group, LLC 786-671-0149
Listing Snapshot
Days Online
15
Last Updated
Property Type
Multi Family
Square Ft.
6,552
Lot Size
0.25 Acres
Year Built
1975
MLS Number
A12100806
Additional Details
Building
Built in 1975, 1 building, 2 stories, Construction Materials: Block, CBS
Cooling
Central Building
Floors
Tile, Vinyl
Heating
Central Building
Lot
0.25 acres
Parking
Common
Roof
Built-Up
Taxes
Parcel Number: 0131350100320, Annual Amount: $24,392, Legal Description: 35 53 41 GRAND VIEW PARK PB 5-58 LOTS 9 & 10 BLK 3 LOT SIZE 10800 SQUARE FEET OR 20337-4348 04 2002 1 COC 25938-4429 08 2007 4, Year: 2025, Zoning: 4601
Tenant Pays
Electricity, Interior Electric
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