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715 NE 92nd St 10 Unit Apartment Building $1,250,000 ($125,000/Unit) Miami, FL 33138
Investment Highlights
- INVESTORS & HOUSE HACKERS: ARE YOU LOOKING FOR APPRECIATION OR CASH FLOW? WHY NOT HAVE BOTH!
- Ideally located directly on Biscayne Blvd and just minutes from the Bay, top restaurants, shopping, golf courses, and a short drive to the beach.
- Currently generating income from both long-term tenants and short-term Airbnb rentals.
- 100% LEGAL FOURPLEX ALMOST 8% CAP = Exceptional 4-unit multifamily investment opportunity in Miami Shores
- This well-maintained property features one 2BD/2BA unit and three 1BD/1BA units, offering a strong mix of rental options.
- Each unit includes private patios, laminated wood floors, updated electrical systems, modern appliances, and updated A/C units.
Executive Summary
INVESTORS & HOUSE HACKERS: ARE YOU LOOKING FOR APPRECIATION OR CASH FLOW? WHY NOT HAVE BOTH!! 100% LEGAL FOURPLEX ALMOST 8% CAP = Exceptional 4-unit multifamily investment opportunity in Miami Shores, ideally located directly on Biscayne Blvd and just minutes from the Bay, top restaurants, shopping, golf courses, and a short drive to the beach. This well-maintained property features one 2BD/2BA unit and three 1BD/1BA units, offering a strong mix of rental options. Currently generating income from both long-term tenants and short-term Airbnb rentals. Each unit includes private patios, laminated wood floors, updated electrical systems, modern appliances, and updated A/C units. Tenants enjoy reserved parking spaces, in-unit washer and dryer, and pay their own utilities, helping maximize owner returns. Situated in a high-demand rental area, this property offers investors flexibility with short-term and long-term rental strategies while benefiting from Miami Shores’ central location and proximity to waterfront attractions. A turnkey income-producing asset in one of Miami’s most desirable rental corridors. Easy access (20-30 mins) to Aventura Mall, ocean, beach, MIA & FLL Airports, Brickell, Midtown & Design District.
Property Facts
| Price | $1,250,000 | Building Class | C |
| Price Per Unit | $125,000 | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 2,600 SF |
| No. Units | 10 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1956 |
| Apartment Style | Garden | Parking Ratio | 1.92/1,000 SF |
| Zoning | A-1 | ||
| Price | $1,250,000 |
| Price Per Unit | $125,000 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 2,600 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1956 |
| Parking Ratio | 1.92/1,000 SF |
| Zoning | A-1 |
Amenities
Unit Amenities
- Washer/Dryer
- Kitchen
- Refrigerator
- Yard
- Freezer
- Garden
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | $2,800 | - |
| 1+1 | 2 | $2,100 | - |
| 1+1 | 3 | $2,100 | - |
| 1+1 | 4 | $2,100 | - |
1 1
Walk Score®
Very Walkable (81)
Property Taxes
| Parcel Number | 11-3206-014-1570 | Improvements Assessment | $290,445 |
| Land Assessment | $468,000 | Total Assessment | $758,445 |
Property Taxes
Parcel Number
11-3206-014-1570
Land Assessment
$468,000
Improvements Assessment
$290,445
Total Assessment
$758,445
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715 NE 92nd St
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