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8-Unit Waterfront Apartment Building

11900 N Bayshore Dr, North Miami, FL 33181

For Sale
New
$5,500,000

Commercial Sale, North Miami, FL

Property SizeContact for details
Lot Size0.26 Acres
Days on Market2

Property Features for 11900 N Bayshore Dr

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 0900
Lot features Flood Zone
Directions TURN ONTO NE 122ND, DRIVE TILL THE END OF THE BLOCK. IDEALY, USE GOOGLE MAPS.
Subdivision 22
Standard status Active
APN 06-22-28-011-4440
Lot size 0.26 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description 28 52 42 SANS SOUCI ESTS PB 50-86 LOT 207 BLK 14 LOT SIZE 90.000 X 125 COC 23420-0764 05 2005 6
Tax Annual Amount 48844
Legal Description 28 52 42 SANS SOUCI ESTS PB 50-86 LOT 207 BLK 14 LOT SIZE 90.000 X 125 COC 23420-0764 05 2005 6

Utilities

Water front features Ocean Access, Canal Access
Water front 1

Amenities

washer and dryer
dock and seawall
boat pedestal
stone paver backyard

Building Details

Year built 1958
Number of units 8
Listing Agency: Real Broker, LLC
Listed By: Joseph Brikman · License #3483305
Added: Nov 6 Last Checked: Nov 7 at 9:06PM
MLS# A12113344

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This renovated 8-unit apartment property contains six 2-bedroom residences and two 1-bedroom residences. Each unit has a washer and dryer, a new AC system, and appliances. The outdoor area includes stone pavers, while the waterfront improvements comprise a new 86-inch dock, seawall, and boat pedestal. The pedestal is set up for a vessel up to 96 feet.

The property has canal access and ocean access, with no fixed bridges on the route to the ocean. Shops, restaurants, and houses of prayer are within walking distance. The building was constructed in 1958 and has a 5.75% cap rate in place.

Key Highlights

  • 8 units: six 2‑bedroom apartments and two 1‑bedroom apartments
  • Renovated property with new AC systems, appliances, and a washer and dryer in every unit
  • Canal and ocean access with no fixed bridges to the ocean

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

1,391
Businesses Nearby

Demographics for 33181, FL

20,955
Population
9,401
Households
2.2
Avg Household Size
39
Median Age
41%
College-Educated
91%
High-School Grad
3.0 sq mi
ZIP Area
6,985
Density / Sq Mi
$56,473
Median Household Income
$40,233
Median Earnings
$1,665
Median Rent
$315,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Miami-Dade County, FL

$472 Jul
$457 Aug
$479 Sep
$459 Oct

Properties on Market for Apartment buildings in Miami-Dade County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Canal and ocean access accompany a renovated unit mix with in-unit laundry and updated cooling systems.
Where is this apartment building located?
The property is located at 11900 N Bayshore Dr North Miami, FL.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 8 units: six 2‑bedroom apartments and two 1‑bedroom apartments; Renovated property with new AC systems, appliances, and a washer and dryer in every unit; Canal and ocean access with no fixed bridges to the ocean
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