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Fully Leased 3-Unit Income Property
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1900 N Bayshore Dr # 207, Miami, FL 33132

Three units within the Quantum on the Bay condominium are offered fully leased for investor or owner-user use.

Property SizeContact for details
Days on Market125

Property Features for 1900 N Bayshore Dr # 207

General Information

Standard status Active
Property subtype Office, Multifamily
Occupancy 100%

Financials

Cap Rate 6.09%
Business Included Yes

Additional Details

Multifamily Units 3
Listing Agency: RE/MAX 5 Star Realty
Listed By: John DeMarco · License #BK3134747
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 20 at 7:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 5 Star Realty

Investment Insights

Based on property information with market context.

This offering includes 3 units in the Quantum on the Bay residential condominium. The units are fully leased, providing a direct income stream for an investor, and the arrangement can also work for an owner user. Public remarks indicate a 6.09% capitalization rate at a full asking price.

The property is located in the prestigious Edgewater neighborhood of Downtown Miami, at 1900 N Bayshore Dr # 207.

As presented, the asset is configured as a small multifamily income portfolio within a condominium setting, with leasing already in place across the 3 units.

Key Highlights

  • 3‑unit offering in the Quantum on the Bay residential condominium in Edgewater (Downtown Miami).
  • All 3 units are fully leased.
  • Reported 6.09% capitalization rate at full asking price.

Property Analytics

Current Use

The Gosz Professional Limited ... Law Firm Jim Brinker Real Estate Agency Aline Paredes Physician The Hospitality Mentor Media Distribution ubriks Financial Advisor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Nursing Home Tanning Salon Buffet Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

4,607
Businesses Nearby

Demographics for 33132, FL

18,159
Population
12,725
Households
1.4
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
1.5 sq mi
ZIP Area
12,106
Density / Sq Mi
$109,505
Median Household Income
$71,509
Median Earnings
$2,534
Median Rent
$545,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Three units within the Quantum on the Bay condominium are offered fully leased for investor or owner-user use.
Where is this triplex located?
The property is located at 1900 N Bayshore Dr # 207 Miami, FL.
What are key features of this property?
This property features: 3‑unit offering in the Quantum on the Bay residential condominium in Edgewater (Downtown Miami).; All 3 units are fully leased.; Reported 6.09% capitalization rate at full asking price.
(954) 453-1000 Call to check price and availability
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