Mid Block Condo

Midblock is an 11- floor boutique mid-rise building offering live-work lofts and townhome villas. It is located in Midtown, Miami an area that adjoins Wynwood and the Design Districts. The property is located in walking distance of restaurants, parks and boutiques and attracts owners and tenants who are mid to senior level professionals as well as business owners. The three units held range from one and two-bedroom apartments to a two bed two and a half bath townhome. Occupancy remained solid in 2018. and a new management company assumed the operations of the building in 2018 resulting in improvements in the building’s upkeep and the establishment of a reserve fund to handle repairs. Although this resulted in higher HOA fees, we believe it will redound to our benefit in the long run with better maintenance of the property.