17031 NE 21st Ave - Apartments FOR SALE


North Miami Beach, FL 33162- Fulford Bythe Sea
$3,360,000 USD
954-245-3492
17031 NE 21st Ave, North Miami Beach, FL for Sale
$3,360,000 USD
Apartments - FOR SALE
1/12
null | 6.07% Cap Rate

17031 NE 21st Ave
North Miami Beach, FL 33162
Fulford Bythe Sea


HIGHLIGHTS

  • 16-unit apartment building with a unit mix of one and two-bedroom apartments
  • Property features updated flooring, electric appliances, wall AC units, a fenced courtyard, pool, and on-site laundry
  • Located near US-1 and Biscayne Boulevard, offering quick access to shopping, dining, parks, and Aventura

OVERVIEW

17031 Northeast 21st Avenue was constructed in 1961 of concrete block and painted stucco with a flat roof. The building totals 10,778 square feet on a 15,000-square-foot lot, according to the Miami-Dade County Property Appraiser. The unit mix consists of (9) one-bedroom/one-bathroom apartments, (3) two-bedroom/one-bathroom apartments and (4) two-bedroom/two-bathroom apartments. Units feature ceramic tile or vinyl, wood-plank flooring, electric appliances and wall air conditioning units. Common area amenities include a fenced courtyard and pool, as well as community laundry room. 17031 Northeast 21st Avenue is located in North Miami Beach, Florida, with convenient access to Federal Highway (US-1) and Biscayne Boulevard, placing residents near major employment corridors and a dense concentration of retail, dining, and entertainment options. The surrounding 3-mile area reports an average household income of $93,788 and population growth of 7.84% since 2010. Residents benefit from walkable access to Greynolds Park and Greynolds Golf Course, with close proximity to Aventura Mall, Sunny Isles Beach, Haulover Beach, and numerous national retailers and restaurants.

FOR SALE DETAILS

PRICE

$3,360,000 USD

PRICE/SF

$312 USD /SF

# OF UNITS

16

PRICE/UNIT

$210,000

CAP RATE

6.07%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

15,000 SF

ZONING

Rm-23

APN/PARCEL ID

07-2209-006-0510

ASK ABOUT THIS PROPERTY

Joseph ThomasMarcus & MillichapMore Info
954-245-3492

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Joseph ThomasMarcus & MillichapMore Info
954-245-3492

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.