Description

PRESENTING AN ATTRACTIVE 12-UNIT MULTI-FAMILY ASSET IN PREMIUM LITTLE RIVER LOCATION BUILT FOR PERFORMANCE. Offering a well-balanced mix of unit layouts and reliable in-place income, the property delivers dependable performance with additional upside through continued value-add execution. Benefitting from years of thoughtful maintenance, the secure, gated premises displays meaningful capital improvements including impact windows and doors, newer mini-split air conditioning systems, incrementally updated interiors, private on-site parking, and a polished overall curb appeal — reducing near-term capital expenditure needs and strengthening both short and long-term tenant appeal. The property is ideally located – sharing a block with the Biscayne Boulevard and NE 79th Street intersection with unmatched connectivity to retail, dining, public transportation and neighborhood amenities while maintaining the residential feel of Eastern-abutting Shorecrest. With continued development momentum throughout Little River, this is a fleeting opportunity to acquire a core-plus asset with long-term stability and measurable upside in a market that rarely turns over similar assets.

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Property information

Property type

Commercial Sale

Sub-type

Multi Family

Year built

1938

Living area

5,677 Sq Ft

Lot size

10,395 Sq Ft

Price / Sq Ft

$414

Days on market

244

Parcel number

01-32-07-016-3360