This well-maintained income property combines stable cash-flow with a clear path for immediate rental growth from light interior renovations. Featuring six oversized +/- 795 SF 1-BR residences, each offering private screened-in patio and select units configured with flexible den areas. Now with brand new roof as of Sept. 2026, property… Read More features clean, bright interiors, impact windows & doors, and private surface parking for an elevated, low-density residential experience distinguished from conventional condominium living.Plenty of immediate value-add upside available by updating appliances & finishes, adding in-unit washer/dryers, and transitioning remaining units to central A/C. 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. This is an attractive opportunity to acquire a low-maintenance asset with durable income, tons of upside, and long-term appreciation potential in one of Miami’s most established water-front residential enclaves. Read Less
Courtesy of The Alpha Commercial Advisors LLC, Jamie Maniscalco, 305-697-7011.
Listing Snapshot
Days Online
53
Last Updated
Property Type
Multi Family
Square Ft.
4,767
Lot Size
0.23 Acres
Year Built
1962
MLS Number
A12074969
30 Days Snapshot Of 33138
$298k
0%
(avg) sold price
0
-100%
homes sold
98
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1962, Toal building area: 4767
Lot
0.23 acres
Property
Zoning: 3000
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