Asbury Park
$5,000,000
9050 NE 8th Ave, Miami, FL 33138
For Sale
Multifamily
Active
Last Updated: 04/05/2025
9,797 sqft
Building Size
16
Units
Details:
Building Size: 9,797 sqft
Units: 16
Year Built: 1957
Floors: 1
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: 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.
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