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 equi

1316 NORTH EAST 105TH ST, Miami Shores

$3,150,000 USD
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      Address1316 NORTH EAST 105TH ST, Miami Shores
      Type of PropertyIncome / MultiFamily
      Type of BusinessResidential-Multi-Family
      Price$3,150,000
      Previous Price$3,400,000 (179 days ago)
      Property StatusActive
      MLS NumberA11553175
      Property Size13750
      Lot Size13750
      Year Built1960
      Folio Number11-22-32-027-0150
      Zoning Information3000
      Days on Market537

      Detailed 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.

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      Address Information
      StateFlorida
      CityMiami Shores
      CountyMiami-Dade County
      Zip Code33138
      Address1316 NORTH EAST 105TH ST
      Section32
      Zip Code (4 Digits)2129
      Financial Information
      Price$3,150,000
      Price per Foot$0
      Previous Price$3,400,000
      Folio Number11-22-32-027-0150
      Tax Amount$48,810
      Full Descriptions
      Detailed DescriptionExceptional 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.
      Waterfront DescriptionCanal Front, Canal Width 1-80 Feet
      Property parameters
      Living Area13750
      Lot Size13750
      Total Acreage0.000
      Zoning Information3000
      Maximum Leasable Size13750
      Year Built1960
      Type of PropertyIncome / MultiFamily
      Type of BusinessResidential-Multi-Family
      Street DirectionNorth East
      Listed withSTL Advisors, LLC