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120 SW 20th Ave | Casa Arcos
120 SW 20th Ave, Miami, FL 33135
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FOR SALEMultifamily / Apartments Building
Cap Rate
5.18%
NOI
$64,736
Building Size
2,304SF
APN
01-4103-014-2970
Lot Size
0.14Ac
Year Built
1941
Listing Contacts
More property details
Year Renovated
2025
Zoning
T6-8-O
Occupancy
100%
Currently Leased
No
No of Buildings
1
No of Stories
2
Units
6
Features & amenities
Unit Amenities
Central Heating
Air Conditioning
Location Amenities
Convenience Store
Restaurants
Location
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120 SW 20th Ave | Casa Arcos
Location highlights
- Well-balanced unit mix featuring two-bedroom, one-bedroom, and junior one-bedroom apartments
- Exceptional Little Havana location situated between Flagler Street and Calle Ocho, just east of 22nd Avenue
- Conveniently located within walking distance to Publix, dining options, pharmacies, healthcare facilities, and schools
- Favorable T6-8-O zoning presents strong future redevelopment potential
- Current rents remain below market, offering significant value-add upside
- 40/10-year recertification successfully completed in February 2022
- Property received a fresh exterior paint update in 2025
- Electrical infrastructure upgraded in 2021
- Roof replacement completed in 2021
- Central air conditioning system installed in 2020
- Impact-resistant windows and doors added between 2020 and 2021
- Five of the six units have been renovated between 2020 and 2025