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Property Description

This 12-unit boutique building is located in the heart of North Miami, small city of Biscayne Park, just a few blocks from shops such as Whole Foods, Publix, Home Depot, CVS, Walgreens and more. Biscayne park has only private houses except for two 2-story apartment buildings, one of which is this one. The building consists of 12 studios. Most units feature upgrades consisting of new flooring, updated kitchens, bathrooms and appliances. The property features on-site laundry room and a large parking area. The building offers an investor the opportunity to purchase a greatly located stable cash flowing asset with potential rent increase. The investment opportunity offers amazing rents on day one with the ability to increase rents significantly in a location that simply cannot be beaten.

Address Map
FL
Miami-Dade County
Biscayne Park
33161
11520 NE 6th Ave
W81° 48' 48.9''
N25° 52' 55.1''
MLS Addon
Building & Land, Other Sale Includes, Leases
All Cash, Conventional/refinance
1
City Street
Sale
2
Free Standing
$36,471
2023
Click Here
Public
0100
12
08/02/2024 00:58:34

11520 NE 6th Ave, Biscayne Park, Florida 33161

$3,100,000
14,773 size sq.ft.
Listing ID #A11527972
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11527972
Price $3,100,000
Year Built 1939
Days on Market 8
Building Area 6,700
Status Active
Property SubType Income/multifamily
Lot Area 14,773 Sqft
List Date 2024-02-08
On Market Date 07/02/2024
Elena Beck
MiamiInvestrealty
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