2-Property Multifamily Portfolio Multi-Family FOR SALE


Miami, FL - Coral Way
$3,500,000 USD
305-319-0879
, Miami, FL for Sale
$3,500,000 USD
Multi-Family - FOR SALE
1/56
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2-Property Multifamily Portfolio
Miami, FL
Coral Way


HIGHLIGHTS

  • Prime Miami Locations, Turnkey, Opportunity to Add Units and Increase Rents, Mostly M2M Tenants, Significant Lot Sizes, Can be Sold Individually.

OVERVIEW

Property Description: 20-Unit Turnkey Multifamily Auction Portfolio in Prime Miami Locations Bidding to Start at $3,500,000. For Financials Etc, please register below: Auction Site: https://liveauction.link/13th-80th This exclusive auction offering presents two fully leased and recently renovated multifamily properties in Miami, available together as one package totaling 25,142 Sq. Ft. (0.577 Acres) of Real Estate. With a combined total of 20 units across two incredibly desirable neighborhoods—Shenandoah, Miami and Shorecrest, Miami—this portfolio delivers immediate rental income, long-term appreciation potential, and significant value. Offered through Harcourt Auctions - non-distressed auction platform, this opportunity features no marketing fees, no buyer premiums, and no seller obligation to accept an offer. Located in the heart of Shenandoah and 10 Minutes from Coconut Grove & Coral Gables, 1785 SW 13th St with a generous lot is a 12-unit apartment building featuring spacious one-bedroom, one-bathroom residences with living room/dining areas, and kitchens boasting double-height ceilings. The property has undergone extensive renovations, including updated plumbing and electrical systems, newer wall-mounted A/C units, and a new roof installed in 2021. The 40-Year Recertification was completed in 2018, ensuring peace of mind for investors. Just blocks from famous Calle Ocho and minutes from Brickell, Downtown, Coconut Grove and Coral Gables, this turnkey property offers residents unmatched cultural amenities, walkability, and access to dining, shopping, and major transportation routes. In Miami’s Upper East Side neighborhood of Shorecrest, 1125 NE 80th St is an 8-unit property that has been fully upgraded and individually metered for efficiency. Renovated in 2023, the building features a landscaped courtyard, on-site laundry facility and 9 Parking Spaces. Its T-5-R zoning offers valuable long-term development potential to optionally Re-Develop a Boutique 5 Story Hotel, Condo or Multifamily overlooking Biscayne Bay or Long Term hold with increasing Rents. Prime location East of Biscayne Boulevard and half a block to Biscayne Bay, places it West of North Bay Village, North Beach & Nearby Surfside, 20 Min Drive to the Beach and positioned North West of Miami Beach/South Beach. Also nearby include waterfronts, parks, boutiques, restaurants, and key commuter routes with a short drive to I-95. With full occupancy and strong tenant retention, this property combines dependable cash flow with future growth potential in one of Miami’s most dynamic submarkets. Properties may optionally be sold Individually. Please email sgrossmanrealtor@gmail.com for more information.

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Steven GrossmanLoKation Real EstateMore Info
305-319-0879

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Steven GrossmanLoKation Real EstateMore Info
305-319-0879

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