Miami Shores, FL 33138
This well-maintained income property combines stable cash-flow with a clear path for immediate rental growth from light interior renovations. Featuring six oversized +/- 795 SF 1-BR residences, each offering private screened-in patio and select units configured with flexible den areas. Now with brand new roof as of Sept. 2026, property features clean, bright interiors, impact windows & doors, and private surface parking for an elevated, low-density residential experience distinguished from conventional condominium living. Plenty of immediate value-add upside available by updating appliances & finishes, adding in-unit washer/dryers, and transitioning remaining units to central A/C. Positioned east of Biscayne Boulevard just steps from the waterfront, the property offers a unique combination of tranquility and everyday convenience. Residents enjoy quick access to main commercial corridors while remaining surrounded by the recreational and lifestyle amenities of the Miami Shores area, including nearby golf, tennis, waterfront recreation, upscale grocers, dining, and neighborhood retail. This is an attractive opportunity to acquire a low-maintenance asset with durable income, tons of upside, and long-term appreciation potential in one of Miami’s most established water-front residential enclaves.
Courtesy of The Alpha Commercial Advisors LLC