,Free Standing, Income Non-waterfront for Sale & Rent

for Sale & Rent

Price $1,600,000.00

• Lot size 8125
• Year Build 1946
• Waterfront
• Zip 33166
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Discover 1490 Oakwood Dr, a rare 7-unit multifamily property zoned R-3C in one of Miami?s most desirable locations. Just steps from Miami International Airport, the highly anticipated Freedom Park Soccer Stadium, and major highways, this property offers unmatched convenience in the heart of it all?while still enjoying the charm and prestige of Miami Springs. All units are currently leased below market rent, presenting significant upside potential for increased cash flow. Options abound: renovate and raise rents, convert to lucrative short-term rentals like Airbnb, or redevelop into something truly spectacular. With demand for centrally located investment properties at an all-time high, this is a chance to secure a property with unlimited possibilities in a high-growth area

20 53 41 PB 34-90 AMD PL OF AMD PL OF EDGEWATER PK LOT 5 BLK 7 LOT SIZE IRREGULAR OR 20531-0261 04/2001 4 COC 26514-2480 07 2008 5

Discover 1490 Oakwood Dr, a rare 7-unit multifamily property zoned R-3C in one of Miami?s most desirable locations. Just steps from Miami International Airport, the highly anticipated Freedom Park Soccer Stadium, and major highways, this property offers unmatched convenience in the heart of it all?while still enjoying the charm and prestige of Miami Springs. All units are currently leased below market rent, presenting significant upside potential for increased cash flow. Options abound: renovate and raise rents, convert to lucrative short-term rentals like Airbnb, or redevelop into something truly spectacular. With demand for centrally located investment properties at an all-time high, this is a chance to secure a property with unlimited possibilities in a high-growth area

City:Miami Springs,Zoning:3702,List A O R:A-Miami Association of REALTORS,Tax Year:2024,Latitude:25.8098276,Cooling Y N:1,Heating Y N:1,List Price:1600000,Listing Id:A11876792,Longitude:-80.2699202,Mls Status:Active,Ownership:Self Proprietor/Individual,Year Built:1946,Inclusions:Building & Land, Leases,Postal Code:33166,Coordinates:1:25.8098276,Photos Count:28,Business Type:1:Commercial/Residential Income,Days On Market:43,Lot Size Units:Square Feet,M I A M I R E_ Area:31,On Market Date:2025-09-11,Parcel Number:05-31-20-034-0801,Property Type:Commercial Sale,Public Remarks:Discover 1490 Oakwood Dr, a rare 7-unit multifamily property zoned R-3C in one of Miami?s most desirable locations. Just steps from Miami International Airport, the highly anticipated Freedom Park Soccer Stadium, and major highways, this property offers unmatched convenience in the heart of it all?while still enjoying the charm and prestige of Miami Springs. All units are currently leased below market rent, presenting significant upside potential for increased cash flow. Options abound: renovate and raise rents, convert to lucrative short-term rentals like Airbnb, or redevelop into something truly spectacular. With demand for centrally located investment properties at an all-time high, this is a chance to secure a property with unlimited possibilities in a high-growth area,County Or Parish:Miami-Dade County,Expiration Date:2026-03-11,List Office Name:Real Estate Sales Force,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:7292,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:16384,Building Features:1:Exterior Lighting,Listing Agreement:Exclusive Agency,Building Area Total:3645,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:8125,M I A M I R E_ Flood Zone:AH,M I A M I R E_ Num Floors:2,M I A M I R E_ Num Meters:4,Number Of Buildings:2,Original List Price:1900000,Previous List Price:1900000,Public Survey Range:31,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks:Discover 1490 Oakwood Dr, a rare 7-unit multifamily property zoned R-3C in one of Miami?s most desirable locations. Just steps from Miami International Airport, the highly anticipated Freedom Park Soccer Stadium, and major highways, this property offers unmatched convenience in the heart of it all?while still enjoying the charm and prestige of Miami Springs. All units are currently leased below market rent, presenting significant upside potential for increased cash flow. Options abound: renovate and raise rents, convert to lucrative short-term rentals like Airbnb, or redevelop into something truly spectacular. With demand for centrally located investment properties at an all-time high, this is a chance to secure a property with unlimited possibilities in a high-growth area,Listing Contract Date:2025-09-11,Originating System I D:miamire,Public Survey Section:20,Showing Instructions:Call Listing Agent,Tax Legal Description:20 53 41 PB 34-90 AMD PL OF AMD PL OF EDGEWATER PK LOT 5 BLK 7 LOT SIZE IRREGULAR OR 20531-0261 04/2001 4 COC 26514-2480 07 2008 5,M I A M I R E_ Current Price:1600000,Public Survey Township:31,M I A M I R E_ Municipal Code:5,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:7-unit multifamily in Miami Springs, zoned R-3C. Below-market rents, Airbnb or redevelopment potential. Prime location!,M I A M I R E_ Parcel Number M L X:0801,M I A M I R E_ Street View Param:1$25.80986$-80.26983$334.15$13.33$1.00$sE6urxsZiufSix7jCCUDSA,M I A M I R E_ Supplement Count:1,Contract Status Change Date:2025-09-11,Number Of Units In Community:7,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,M I A M I R E_ Subdivision Number:34,M I A M I R E_ Agent Alternate Phone:305-878-9970,Internet Entire Listing Display Y N:1,