850 NE 90 St, Miami, FL — Multifamily, sold
SoldThis listing is no longer available
Multifamily

850 NE 90 St

Miami, FL · Miami-Dade
Asset typeMultifamily
Size5,30 SF

Overview

Apex Capital Realty is proud to exclusively present for sale this unique multifamily property. Located in the exceptional Miami Shores area, this updated 5-unit building contains a spacious mix of 2 (2BR/2BA) and 3 (1BR/1BA) apartments with ample parking for tenants and guests. High demand for quality rentals in this area has kept rent prices rising and will continue to do so for the foreseeable future. Middle income multifamily properties in great neighborhoods, such as this property have proven strong performance and resilience in down markets. Located close to the bay, retail, shopping, entertainment, parks, and walking paths. All units are rented and providing steady cash flow with gross rental income of over $109,000 per year

Property details

ZoningRU-4A
Gross Income$109,800
NOI$79,507
CAP Rate5.5%
Building SF5,30 SF
Lot Size11,025 SF

This property is no longer on the market. Details are shown as they were published while it was listed.

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