North Miami Beach, FL, 33162
$2,500,000









Located just minutes from Greynolds Park, Oleta River Park, and the FIU Biscayne Bay Campus (1.5 miles northwest), this stable 12-unit multifamily asset offers an ideal blend of nature and convenience. Built in 1978 and constructed with durable concrete block, stucco finish, and gable roofs, the property features approximately 10,284 total square feet across a highly desirable unit mix:(10) 1-Bed / 1-Bath Lofts: Averaging ±650 sq. ft. each (6,500 sq. ft. total rentable)(2) 2-Bed / 1-Bath Units: Averaging ±850 sq. ft. each (1,700 sq. ft. total rentable)The property is priced to deliver an attractive projected 6.25% capitalization rate based on market-rate rent optimization. Residents enjoy exceptional lifestyle amenities and commuter connectivity, with Aventura Mall less than 9 minutes away, alongside immediate access to Biscayne Boulevard and I-95.
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Listing courtesy of Cube Realty, 786-956-2068. Listing information courtesy of the MIAMI Association of REALTORS® IDX feed. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's IDX Program. This information is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.