1385 Ne 105th St, Miami Shores, FL 33138

$1,875,000

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List Price
$1,875,000
Price Change
▼ $120,000 1792615884
MLS#
A12074969
Status
ACTIVE
Type
Commercial

Property Description

This well-maintained income property combines stable cash-flow with a clear path for immediate rental growth from light interior renovations. Featuring six oversized +/- 795 SF 1-BR residences, each offering private screened-in patio and select units configured with flexible den areas. Now with brand new roof as of Sept. 2026, property features clean, bright interiors, impact windows & doors, and private surface parking for an elevated, low-density residential experience distinguished from conventional condominium living. Plenty of immediate value-add upside available by updating appliances & finishes, adding in-unit washer/dryers, and transitioning remaining units to central A/C. Positioned east of Biscayne Boulevard just steps from the waterfront, the property offers a unique combination of tranquility and everyday convenience. Residents enjoy quick access to main commercial corridors while remaining surrounded by the recreational and lifestyle amenities of the Miami Shores area, including nearby golf, tennis, waterfront recreation, upscale grocers, dining, and neighborhood retail. This is an attractive opportunity to acquire a low-maintenance asset with durable income, tons of upside, and long-term appreciation potential in one of Miami’s most established water-front residential enclaves.

Additional Information

Days on Market
69
Parcel Number
11-22-32-027-0100
Lot Size
10,000
Address
1385 Ne 105th St, Miami Shores
Year Built
1962
Section
32

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Listing Courtesy of The Alpha Commercial Advisors LLC, Contact: