LITTLE HAVANA PORTFOLIO

2330 Northwest 9th Street, Miami, FL 33125
974 Northwest 2nd Street, Miami, FL 33128
75 Glen Royal Parkway, Miami, FL 33125
2961 Southwest 5th Street, Miami, FL 33135
1003 Southwest 15th Avenue, Miami, FL 33135
1101 Southwest 12th Court, Miami, FL 33135

Price:
TBD by Market
Total Units:
107
Number of Buildings:
6
Number of Stories:
2 & 3
Years Built:
1925-1938
Zoning
T3-O, T3-R, T4-R, & T5-L
Living Area:
51,888 Total Square Feet (MDPA)
Lot Size:
42,610 Total Square Feet (MDPA)
Type of Ownership:
Fee Simple
Utilities – Water:
City of Miami – Paid by Owner
Utilities – Electric:
FPL – Paid by Tenant
HVAC:
Wall & Mini-Split Air Conditioning Units

INVESTMENT OVERVIEW

The Thomas Team of Marcus & Millichap, as exclusive listing agents, are pleased to offer for sale the Little Havana Portfolio, which consists of six properties totaling 107 units in Miami, Florida.

SUBJECT PROPERTIES

The Little Havana Portfolio consists of the following properties listed by location from north to south:

  1. 2330 Northwest 9th Street is a 16-unit, single-story multifamily property built in 1925 of concrete block and stucco, with a flat roof and wall air conditioning units.  The building contains 7,749 adjusted square feet, while the lot size is 7,050 square feet, according to the Miami Dade County Property Appraiser.  The unit mix consists of (16) one-bedroom | one-bathrooms.

  2. 974 Northwest 2nd Street is a 10-unit, two-story multifamily property built in 1925 of concrete block and stucco, with a flat roof and wall air conditioning units.   The building contains 7,051 adjusted square feet, while the lot size is 7,250 square feet, according to the Miami Dade County Property Appraiser.  The unit mix consists of (10) one-bedroom | one-bathroom apartments.

  3. 75 Glen Royal Parkway is a 22-unit, three-story multifamily property built in 1925 of concrete block and stucco, with a flat roof and wall air conditioning units. The property has recently undergone significant interior and exterior renovations. The building contains 11,484 adjusted square feet, while the lot size is 8,300 square feet, according to the Miami Dade County Property Appraiser.  The unit mix consists of (9) studios and (13) one-bedroom | one-bathroom apartments.

  4. 2961 Southwest 5th Street is a 24-unit, three-story multifamily property built in 1937 of concrete block and stucco, with a flat roof and mini-split as well as wall air conditioning units. The building contains 10,517 adjusted square feet, while the lot size is 6,400 square feet, according to the Miami Dade County Property Appraiser.  The unit mix consists of (12) studios and (12) one-bedroom | one-bathroom apartments.

  5. 1003 Southwest 15th Avenue is a 24-unit, three-story multifamily property built in 1930 of concrete block and stucco, with a flat roof and wall air conditioning units. The building contains 9,877 adjusted square feet, while the lot size is 7,500 square feet, according to the Miami Dade County Property Appraiser.  The unit mix consists of (24) one-bedroom | one-bathroom apartments.

  6. 1101 Southwest 12th Court is an 11-unit, two-story multifamily property built in 1938 of concrete block and stucco, with a flat roof and wall air conditioning units. The building contains 5,210 adjusted square feet, while the lot size is 6,110 square feet, according to the Miami Dade County Property Appraiser.  The property was fully renovated (2024-2025) and features, hurricane impact windows, vinyl flooring and updated kitchen and bathrooms. The unit mix consists of (6) one-bedroom | one-bathroom apartments and (5) two-bedroom | one-bathroom apartments.

LOCATION

The Little Havana Portfolio offers convenient access to major thoroughfares including West Flagler Street, Tamiami Trail, Dolphin Expressway (836) and Interstate 95.

The surrounding neighborhoods consist primarily of single-family homes, multifamily properties, various commercial properties, as well as several new developments in the area. As a submarket, Little Havana has historically seen some of the highest occupancies in Dade-County and the neighborhood continues to experience consistent growth, with a 11.39% population increase since 2010 (Experian). The average household income within a five-mile radius is $94,590.

Little Havana is home to the iconic Calle Ocho (SW 8th Street), a cultural hub known for its Cuban heritage, restaurants, cigar shops, and entertainment venues and is located less than a mile from the property. Little Havana is also home to LoanDepot Park (home of Major League Baseball’s Miami Marlins), the Calle Ocho Music Festival and the CubaOcho Museum & Performing Arts Center.  Surrounding area retailers and points of interest include Publix Supermarket at Altos Plaza, Sedanos, Loan Depot Park (Marlins Stadium), Domino Park, Regions Bank, TD Bank, Shenandoah Park, and Planet Fitness. Additional points of interest include Vizcaya Museum & Gardens, Downtown Miami, Brickell City Center, Coconut Grove and Wynwood.

Nearby educational facilities include Citrus Grove K-8 Center, Citrus Grove Middle School, Miami Senior High School, Riverside Elementary School and Miami Dade College Padron Campus.

SUMMARY

The Little Havana Portfolio is being offered for sale unpriced, to be determined by market.

EXCLUSIVELY LISTED BY

JOSEPH THOMAS

Senior Managing Director Investments
Senior Director, National Multi Housing Group
Fort Lauderdale Office
Tel: (954) 245-3492
License: SL FL 3174354
joseph.thomas@marcusmillichap.com

ADAM MARCUVITZ

Associate Director
Miami Office
Tel: (786) 522-7194
FL SL 3462213
adam.marcuvitz@marcusmillichap.com
Miami Dade County

ALEC DEMETRIOU

Director Investments
Fort Lauderdale Office
Tel: (954) 245-3586
FL SL 3328468
alec.demetriou@marcusmillichap.com
Southern Broward & Miami-Dade Counties