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 (9 days ago)
Property StatusActive
MLS NumberA11553175
Property Size13750
Lot Size13750
Year Built1960
Folio Number11-22-32-027-0150
Zoning Information3000
Days on Market557

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