North Miami Beach - Beach Property For Sale #5308032

PRICE REDUCTION NOW OFFER AT $999,000 FOR 4 APARTMENTS OF 2BED/2BATH- EXCELLENT LOCATION
Rare opportunity to purchase four (4) large 2BR/2BA condo units together in a well-maintained boutique building with only 12 units total. All units feature spacious layouts, abundant natural light, and strong value-add potential. No rental restrictions and low HOA fees allow for immediate income and strong rent-growth upside through renovations and market adjustments. Ideal for investors seeking stable cash flow with long-term appreciation. Prime location minutes from beaches, Aventura Mall, major highways, shopping, and dining.
Seller prefers to sell all four units as a package, not individually.
Exceptional opportunity to acquire 4 rental apartments in a well-maintained 12-unit building. All units include separate electric meters, and each tenant pay his own electricity
The units included in the sale are:
Apt. #5 - 750 SF
Apt. #9 - 1,025 SF
Apt. #11 - 750 SF
Apt. #12 - 785 SF
All Four Apartments are currently well below market rents, allowing for significant rental growth and improved cash flow as leases turn.
Expenses Details:
HOA Fee: $400/month per unit
HOA Includes: Water + Garbage
Tenant Paid: Electricity (separately metered)
Selling as a portfolio only