North Miami Ave Multi-Family Portfolio Multi-Family FOR SALE


Miami, FL - Little River
$9,500,000 USD
305-507-7098
, Miami, FL for Sale
$9,500,000 USD
Multi-Family - FOR SALE
1/12
null | 5.35% Cap Rate

North Miami Ave Multi-Family Portfolio
Miami, FL
Little River


HIGHLIGHTS

  • 8 Assets
  • 30 studios
  • 92% Occupied
  • 48 units
  • Fully remodeled kitchens and bathrooms

OVERVIEW

The North Miami Ave portfolio is ideally positioned in Miami’s thriving Little River neighborhood, offering investors an exceptional opportunity to capitalize on the area’s rapid transformation and surging demand for quality housing. The portfolio consists of two continous assemblages. One is on 55th street & North Miami Ave and the other is on 77th street & North Miami Ave. All units have been extensively renovated with new kitchen cabinets, modern appliances, updated bathroom fixtures, new flooring, and efficient AC systems. Impact windows and doors throughout further enhance long-term value and tenant appeal. The portfolio benefits from immediate proximity to major institutional developments. It sits adjacent to AJ Capital Partners’ 27-acre adaptive reuse project, which is revitalizing the neighborhood with creative spaces, businesses, and cultural venues. Just blocks away, Swerdlow Group—together with the City of Miami—is developing a transformative mixed-use project that will further drive economic activity and attract new residents and businesses to Little River. Residents also enjoy close access to Sunny’s Steakhouse, recently named Miami’s best restaurant by Time Out, underscoring the neighborhood’s growing reputation as a culinary and cultural destination. With a prime location, significant surrounding development, and fully upgraded units, this portfolio is well-positioned to deliver strong rental demand and long-term value appreciation as Little River solidifies its status as one of Miami’s most desirable urban districts.

ASK ABOUT THIS PROPERTY

Ernie PerezGridline PropertiesMore Info
305-507-7098

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Ernie PerezGridline PropertiesMore Info
305-507-7098

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