893 NE 81 Street, Miami, FL — Multifamily, sold
SoldThis listing is no longer available
Multifamily

893 NE 81 Street

Miami, FL · Miami-Dade
Asset typeMultifamily
Size6,614 SF

Overview

APEX Capital Realty is proud to present The Shorecrest Apartments, a boutique multifamily property located in Miami’s vibrant Shorecrest neighborhood. Originally built in 1959 and fully renovated in 2024, the property embodies the area’s signature MiMo/Art Deco charm while offering modern interiors designed for today’s renter. The unit mix consists of four spacious 2-bed/1-bath units, two 1-bed/1-bath units, and one studio, all featuring upgraded kitchens, bathrooms, and flooring. Each apartment is equipped with in-unit washer/dryer, providing tenants the convenience of modern living. Residents enjoy a private, gated parking lot for secure and easy access, as well as a newly designed common lounge/office area, a flexible space to work from home, relax, or gather with friends and family. These thoughtful upgrades and amenities position the property to command top-of-market rental rates while delivering a strong long-term value proposition for investors.

Property details

ZoningT3-R
Unit mix(4) 2 Bed / 1 Bath, (1) Studio, (2) 1 Bed / 1Bath
Gross Income$184,800
ParkingGated/Private Parking
Cap Rate6.39%
Building size6,614 SF
Lot size13,560 SF (0.31 Acres)

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

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