PRESENTING A BOUTIQUE 6-UNIT MULTIFAMILY ASSET OFFERING STABILIZED IN-PLACE INCOME + RENTAL UPSIDE IN AN EXCEPTIONAL EAST-OF-BISCAYNE MIAMI SHORES LOCATION….
This well-maintained income property combines stable cash-flow with a clear path for continued organic rental growth, featuring six oversized +/- 795 SF 1-BR residences, each offering private screened-in patio and select units configured with flexible den areas. Updated, bright interiors, some with stainless steel appliances and remaining value-add potential in the others, impact windows and doors, on-site laundry, and private surface parking create an elevated, low-density residential experience distinguished from conventional condominium living.
Positioned east of Biscayne Boulevard just steps from the waterfront, the property offers a unique combination of tranquility and everyday convenience. Residents enjoy quick access to main commercial corridors while remaining surrounded by the recreational and lifestyle amenities of the Miami Shores area, including nearby golf, tennis, waterfront recreation, upscale grocers, dining, and neighborhood retail. With completed building recertification and a new roof underway, this is an attractive opportunity to acquire a low-maintenance asset with durable income, attainable upside, and long-term appreciation potential in one of Miami’s most established residential enclaves.
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami Shores
- Zipcode:
- 33138
- Street:
- 1385 Ne 105th St, Miami Shores, Florida 33138
- Longitude:
- W81° 49' 51.3''
- Latitude:
- N25° 52' 20.5''
- Building Area:
- 4,767 Sqft
- Cumulative DOM:
- 2
- DOM:
- 2
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Parcel Number:
- 11-22-32-027-0100
- Structure Type:
- Apartment
- Virtual Tour:
- Click Here
Commercial Sale For Sale
1385 Ne 105th St, Miami Shores, Florida 33138, Miami Shores, Florida 33138
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,995,000
- Year Built :
- 1962
- Lot Area :
- 10,000 Sqft
- MLS # :
- A12074969
- Property Sub Type :
- Multi Family
