Nest Seekers

THIS FULLY RENOVATED 8 UNIT MULTIFAMILY PROPERTY IS AVAILABLE !

11900 Bayshore Drive Apt: 1-8
North Miami, FL 33181

Listing

Web ID:5844106
Website:https://www.nestseekers.com/5844106

Property

Ownership: For Sale
Type: Multi-Family
Lot Size: 0.3 Acres

Financials

Price:$5,500,000
Annual Taxes:$48,844

Description

THIS FULLY RENOVATED 8-UNIT MULTIFAMILY PROPERTY IS AVAILABLE! 5.75% CAP RATE IN PLACE, GOOD CASHFLOW AND DIRECT WATER! THE ONLY ONE OF ITS KIND IN THE AREA. 6 2-BEDROOM UNITS, 2 1-BEDROOM UNITS. ALL UNITS HAVE A WASHER AND DRYER, NEW AC SYSTEMS, APPLIANCES, WASHING MACHINES, AND A BRAND-NEW 86" DOCK & SEAWALL WITH A BOAT PEDESTAL READY FOR A BOAT UP TO 96'! THE BACKYARD HAS BEEN TASTEFULLY REDONE WITH STONE PAVERS, MAKING IT EASY TO MAINTAIN AND ENTERTAIN EVEN ON A MOMENT'S NOTICE! WALKING DISTANCE TO SHOPS, RESTAURANTS, HOUSES OF PRAYER & SHORT DRIVES MIGHT BE THE PEAK, BUT THE FULL SEND IS THE NO FIXED BRIDGES TO GET TO THE OCEAN - BE ON YOUR WAY TO THE BAHAMAS IN LESS THAN 20 MINUTES! COME SEE WHAT ALL THE HYPE IS ABOUT!
  • Waterfront property featuring a private dock, expansive paved patio, two-story exterior structure, and mature palm trees
  • Waterfront property featuring a private deep-water dock, expansive paved terrace, low-maintenance exterior, and native palm landscaping
  • Open-concept interior featuring large-format tile flooring, recessed lighting, white cabinetry, stainless steel appliances, and glass-paned doors open
  • Waterfront property featuring a concrete seawall, deep-water canal frontage, and dedicated paved parking areas
  • Neutral-toned tile flooring, recessed ceiling lighting, and expansive glass paneled doors featuring water frontage

Location

11900 Bayshore North Miami FL 33181 USA

Contact

Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Real Broker, LLC