UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 16,239 sqft
Price per Sqft $246
MLS Listing ID A11919179
HOA Y/N No
Year Built 1962
Annual Tax Amount $38,375
Tax Year 2024
Lot Size 0.440 Acres
Property Sub-Type Multi Family
Property Description
Well-maintained three-story apartment building offering 18 income-producing units in a strong rental corridor near Biscayne Blvd, major retail, and public transit. The property consists of 12 spacious 2BD/1BA units and 6 1BD/1BA units, with significant upside in rents as current rates trail area averages.
Property features include gated entry, a central courtyard with pool, and an on-site laundry room equipped with 2 washers and 2 dryers for additional income. Exterior walkways and two stair towers provide efficient access to all units. Stable tenant base and straightforward management make this an attractive opportunity for both new and seasoned investors.
Strong value-add potential through interior upgrades, rent stabilization, and repositioning. Located minutes from Miami Shores, FIU Biscayne Bay Campus, and major employment centers.
Location
State FL
County Miami-dade
Area 22
Interior
Heating Window Unit, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Ceramic Tile, Laminate
Exterior
Roof Type Composition
Private Pool Yes
Building
Story 3
Sewer Other
Water Public
Structure Type Block
Others
Tax ID 30-22-32-000-0090
Security Features Fenced
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11919179
NEARBY SCHOOL & BUSINESS
- 10
Ruth K. Broad/Bay Harbor K-8 Center
Public | PK - 5
- 6
Arcola Lake Elementary School
Public | PK - 5
- 6
Phyllis R. Miller Elementary School
Public | PK - 5
- 6
Biscayne Elementary School
Public | PK - 5
- 6
Natural Bridge Elementary School
Public | PK - 5
- 6
Biscayne Gardens Elementary School
Public | PK - 5
- 6
David Lawrence Jr. K-8 Center
Public | PK - 5
- 6
Oak Grove Elementary School
Public | PK - 5
- 5
Morningside K-8 Academy
Public | PK - 5
- 5
Jesse J. McCrary, Jr. Elementary School
Public | PK - 5
- 5
Treasure Island Elementary School
Public | PK - 5
- 5
Miami Shores Elementary School
Public | PK - 5
- 5
Arch Creek Elementary School
Public | PK - 5
- 5
North Miami Elementary School
Public | PK - 5
- 4
Edison Park K-8 Center
Public | PK - 5
- 4
Gratigny Elementary School
Public | PK - 5
- 4
W. J. Bryan Elementary School
Public | PK - 5
- 2
Hubert O. Sibley K-8 Center
Public | PK - 5
- 1
Linda Lentin K-8 Center
Public | PK - 5
- 0
Thena Crowder Early Childhood Diagnostic Special E
Public | PK - KG
- 8
Doctors Charter School of Miami Shores
Public | 6 - 12
- 4
Horace Mann Middle School
Public | 6 - 8
- 4
Thomas Jefferson Middle School
Public | 6 - 8
- 3
North Miami Middle School
Public | 6 - 8
- 2
Aspira Raul Arnaldo Martinez Charter School
Public | 6 - 8
- 0
Amikids Miami-Dade North
Public | 6 - 12
- 6
Alonzo and Tracy Mourning Senior High School Biscayne Bay Campus
Public | 9 - 12
- 3
Miami Northwestern Senior High School
Public | 9 - 12
- 3
North Miami Senior High School
Public | 9 - 12
- 0
Academy for Community Education (Ace)
Public | 9 - 12
- 0
Keystone National High School
Private | 9 - 12
- 0
American Worldwide Academy
Private | 9 - 12
- 0
Mast@Fiu
Public | 9 - 12
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