Asbury Park

Highlights:

• Lot Features: In Residential Area
• Building Features: Lawn Sprinkler-Well Water
• Gross Income: 323000
• Number Of Buildings: 2
• Documents Available: Deed, Copy Of Lease(S), Owner Managed, Rent Rolls
• Cooling: Wall/Window Unit(s)
• Flooring: Ceramic Floor
• Construction Materials: Concrete Block Construction, Insulated
• Parking Features: Common
• Security Features: Smoke Alarm
• Ownership: Corporation

Description:

Income Producing Property Opportunity. Welcome to Asbury Park, a rare and exceptional investment opportunity in the heart of Miami Shores. This stunning multifamily building boasts 16 spacious units on an expansive 30,000+ sq ft land parcel, offering endless possibilities for redevelopment, renovation, or continued operation as a thriving rental property. The roof was replaced entirely in 2021. The property is only steps away from water access and the well-known US-1. Proximity to shopping, public transportation, house of worship, grocery stores, schools, and much more.