4325 NW South Tamiami Canal Drive, Miami, FL 33126

$20,750,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11350944

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

Overview

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.

Listing Details MLS# A11350944

General Property Information

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

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

Contract Information

Comp Sale YN: No
Original List Price: 22750000

Location and Legal

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

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)

Status Change Information

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
Buyer Financing: Assumed

More Information

Description of Unit Type 1

Unit Type: 1 Bedroom
Units Total: 66

Description of Unit Type 2

Unit Type: 2 Bedroom
Units Total: 24

Buyer Details

Intended Use: Investment

Concessions

Seller Concessions: No

Section Details

Parcel Number MLX: 1240

Originating Details

Originating System Key: 379462923
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Parking Features

Assigned: Yes

Location of Property

Central Business District: Yes
Near Airport: Yes

Building Features

Balconies: Yes
Fitness Center: Yes
Laundry Facilities: Yes
Pool: Yes

Sale Includes

Leases: Yes

Construction Materials

Block: Yes

Listing Terms

Assumable: Yes
Cash: Yes
Conventional: Yes

Security Features

Security Fence: Yes

Source Of Expenses

Owner Provided: Yes

Contingencies

Inspection: Yes

Listing Office: Global Investments Realty

Last Updated: June - 08 - 2026

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4325 NW South Tamiami Canal Drive, Miami, FL 33126 (MLS# A11350944)