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4325 NW South Tamiami Canal Drive, Miami, FL 33126

$20,750,000
Property Type: Commercial Sale Square Footage: 63,600 Status: Closed
Current Price: $20,750,000 List Date: 3/02/2023 Last Modified: 6/08/2026

Description

90-unit apartment complex located at 4325 & 4335 NW South Tamiami Canal Drive in Miami, and it sits on a 1.86 acre lot. The Property’s unit mix is 66 one-bed/one-bath units and 24 two-bed/one-bath units. Residents enjoy the security of a gated entrance, ample parking (109 spaces), central A/C. Resort-style amenities including a swimming pool, fitness center, on-site laundry, tranquil green spaces, elevators, and an on-site management office. Rent income Jan 2023 was $130K. NOI over 715K.

More Information MLS# A11350944

Contract Information

Comp Sale YN: No Listing Date: 2023-03-02 Status: Closed Original List Price: 22750000 Sold Price: $20,750,000 Current Price: $20,750,000

Location and Legal

County Or Parish: Miami-Dade County Parish Name: Miami-Dade City Name: Miami Municipal Code: 1 Postal Code: 33126 Subdivision Number: 14 Flood Zone: AE Country: United States Street Number: 4325 Street Direction Prefix: NW Street Name: South Tamiami Canal Street Suffix: Drive State Or Province: FL Postal Code +4: 1485 Area: 2310 Parcel Number: 0131320141240 Zoning: 6107

General Property Information

Number Of Units Total: 2 Occupant Type: Tenant Lot Size Area: 81000 Property Sub Type: Multi Family Building Area Main: 63600 Year Built: 1972 Parking Total: 109 Lot Size Acres: 1.86

Office/Member Information

DXORIGMLSID: SEF

Status Change Information

Buyer Financing: Assumed Major Change Timestamp: 2023-06-19T20:31:12Z Major Change Type: Status Change Status Change Date: 2023-09-01 Under Contract Date: 2023-04-03 Close Date: 2023-06-19 Close Price: 20750000

Parking Features

Assigned: 1

Location of Property

Central Business District: 1 Near Airport: 1

Building Features

Balconies: 1 Fitness Center: 1 Laundry Facilities: 1 Pool: 1

Sale Includes

Leases: 1

Construction Materials

Block: 1

Listing Terms

Assumable: 1 Cash: 1 Conventional: 1

Security Features

Security Fence: 1

Source Of Expenses

Owner Provided: 1

Description of Unit Type 1

Unit Type: 1 Bedroom Units Total: 66 Beds Total: 1

Description of Unit Type 2

Unit Type: 2 Bedroom Units Total: 24 Beds Total: 2

Contingencies

Inspection: 1

Buyer Details

Intended Use: Investment

Concessions

Seller Concessions: No

Section Details

Parcel Number MLX: 1240

Financial Information

Tax Annual Amount: 115603 Tax Legal Description: 32 53 41 .93 AC M/L LE JEUNE GDN EST SEC 3 PB 44-11 LOTS 18 & 19 BLK 5 OR 17926-4967 1297 2 (2)

Originating Details

Originating System Key: 379462923 Originating System ID: M00000151

Property Features

Building Features: Balconies; Fitness Center; Laundry Facilities; Pool Location of Property: Central Business District; Near Airport Parking Features: Assigned Sale Includes: Leases Source Of Expenses: Owner Provided Construction Materials: Block Listing Terms: Assumable; Cash; Conventional Security Features: Security Fence Contingencies: Inspection
Listing Office: Global Investments Realty
Last Updated: June - 08 - 2026
4325 NW South Tamiami Canal Drive, Miami, FL 33126- MLS# A11350944
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