A rare opportunity to acquire a well-positioned, income-producing multifamily asset in a high-demand submarket. This 72- unit garden-style apartment complex spans approximately 66,975 rentable square feet across a 1.84-acre lot, zoned R-3 for multifamily residential use. Constructed in 1972, the property consists of a mix of one-, two-, and three-bedroom units with significant in-place cash flow and demonstrated rental upside.
Strategically situated near major economic drivers—including the Amazon Mega Warehouse—The current rent roll generates $133,838 in monthly income, with pro format market rents reaching $152,518, and potential Section 8-supported rents as high as $159,446 per month.
Listed by Arthur Porosoff
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License #3160379
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Compass Florida, LLC.
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305-209-8866
Last updated June 24, 2025
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Source: MIAMIRE #A11824351
Listing Facts
TypeMulti-family
NeighborhoodNile Gardens
Days on Prevu83
Taxes$204,682/year
Size66,278 sqft
Price per sqft$217
Amenities
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
06/24/2025
Price Decreased
$14,400,000
06/18/2025
Listed by Compass Florida, LLC.
$15,200,000
Property Details for 13300 Alexandria Dr
Exterior
Construction
Roof: Concrete
Stories: 3
Stories Total: 3
Structure Type: Quadruplex, Fourplex
Year Built: 1972
Year Built Details: Resale
Architectural Style: Other
Building Name: REV PLAT NILE GARDENS SEC
Construction Materials: Concrete Block Construction
Measurements
Building Area Total: 66,278
Building Area Units: Square Feet
Lot Features: 1 To Less Than 2 Acre Lot
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 08-21-28-007-0230
Tax Annual Amount: $204,682.00
Tax Year: 2024
Interior
Features
Flooring: Other
Measurements
Living Area: 66,278
Living Area Units: Square Feet
Other
Location
Subdivision Name: REV PLAT NILE GARDENS SEC
Parking
Parking
Parking Total: 124
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Sewer: Public Sewer
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
