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Multifamily – 8 Units in Miami Shores, FL – Waterfront Investment Opportunity

Commercial Sale

Category: Multifamily

Price:$3,150,000

Location: Miami Shores, FL

Year Built: 1960

Days on Market: 88

Description:

Exceptional opportunity to invest in an 8-unit waterfront apartment building nestled in Miami Shores. Situated in a prestigious A+ neighborhood, this property offers consistent rental income and promising long-term prospects. Each of the eight units is equipped with modern amenities, including stainless-steel appliances, granite countertops, full kitchens, and a mix of travertine and hardwood flooring. The landscaping has been thoughtfully redesigned to minimize maintenance while preserving its charm. Safety measures include hurricane shutters on all windows and impact-resistant doors throughout the property. Additionally, the subject property has undergone its 60-year recertification in 2023, ensuring compliance and longevity.

Promising opportunity to own a waterfront asset in a highly regarded Miami neighborhood, offering stability and potential for long-term growth.

Listing Code: 1063478094