Description
Million-Dollar Neighborhood! Presenting an impeccable 8-unit multifamily apartment income property located in the vibrant City of North Miami, FL, in the heart of the Biscayne Park area. This property is exceptionally well-maintained, renovated, and efficiently managed. One of the unique features of this property is its value-add potential, as it has the right to build an additional up to 22 units, which could significantly boost cash flow. Additionally, it has recently passed the 40-year certification, ensuring structural integrity. Many upgrades, including impact windows, have been carried out. The property is currently occupied by excellent tenants. Zoned R-5, this property opens up a wide range of possibilities, including multifamily medium density.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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4,479SQFT
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$514$/SQFT
School Ratings & Info
Description
Million-Dollar Neighborhood! Presenting an impeccable 8-unit multifamily apartment income property located in the vibrant City of North Miami, FL, in the heart of the Biscayne Park area. This property is exceptionally well-maintained, renovated, and efficiently managed. One of the unique features of this property is its value-add potential, as it has the right to build an additional up to 22 units, which could significantly boost cash flow. Additionally, it has recently passed the 40-year certification, ensuring structural integrity. Many upgrades, including impact windows, have been carried out. The property is currently occupied by excellent tenants. Zoned R-5, this property opens up a wide range of possibilities, including multifamily medium density.
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