Miami, FL 33138

Property

Ownership: For Sale
Type: Unknown
Pets: No Pets Allowed

Financials

Price:$1,650,000
Annual Taxes:$12,359
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Brickell Brokers LLC

Fully renovated fourplex located in the heart of the highly desirable MiMo District, offering an exceptional turnkey investment opportunity.

Description

Fully renovated fourplex located in the heart of the highly desirable MiMo District, offering an exceptional turnkey investment opportunity. The property features four spacious units, each thoughtfully designed with 2 bedrooms and 2 bathrooms, including a private en-suite bathroom. Each unit showcases high-quality interior finishes throughout, custom-designed closet interiors, and elegant en-suite closets. The kitchens have been fully renovated with modern cabinetry and premium chrome appliances, delivering a clean, contemporary aesthetic. The building has also undergone a complete exterior renovation and is delivered in true turnkey condition. Additional improvements include a brand-new roof (2025) and a recently completed full renovation, minimizing future capital expenditures. The property is currently partially occupied, with Unit 2 rented at $2,500 per month, while the remaining units offer strong rental upside based on current market rents. Projected pro forma rents across all four units support a potential NOI of approximately $84,000, making this an outstanding opportunity for investors seeking stable income with value-add potential in a high-demand rental market. Ideally located near Biscayne Boulevard, top dining, retail, and major roadways, this fourplex offers both long-term stability and attractive growth potential in one of Miami’s most sought-after neighborhoods.

Amenities

  • CableNotAvailable
  • LessThanQuarterAcre

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.