Miami Shores Income
850 NE 90th St, Miami, FL 33138
For Sale
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Income-producing 5-unit building in Miami Shores, near the bay.
Property SizeContact for details
Days on Market923
Property Features for 850 NE 90th St
General Information
Standard status
Total Parking Spaces
Property subtype
Building Details
Year Built
Stories
Units
Listing Agency:
TDG Realty
Listed By:
Sonia Castro · License #3374121
Source:
Crexi
Added: Apr 30, 2024
Changed: Nov 6
Last Checked: Nov 6 at 7:20AM
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 TDG Realty
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Investment Insights
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Located in Miami Shores, this income-producing property is situated three blocks from the bay in a quiet neighborhood. The building comprises five units, including two units with 2 bedrooms and 2 bathrooms, and three units with 1 bedroom and 1 bathroom. All units are currently leased month to month. The building has been freshly painted and features a 15-year-old roof that has been sealed and painted. A new commercial washer & dryer machine has been installed, along with new appliances, kitchen cabinets, and countertops. The property includes a 1-year-old septic tank and a wood fence around the perimeter for privacy. New awnings have been added, and the entry is gated with a key. Exterior LED lighting surrounds the building. The walkways and terrace have been recently painted and sanded. Each of the one-bedroom units features its own large outdoor porch area. The two-bedroom units are spacious with ample closet space. InstaHot water heaters and AC mini splits with heaters are installed in all units.
Key Highlights
- Excellent income‑producing property featuring 5 units (2 x 2 Bed/2 Bath, 3 x 1 Bed/1 Bath).
- Located in a beautiful and quiet Miami Shores neighborhood, just three blocks from the bay.
- All units are equipped with InstaHot water heaters and AC mini splits with heaters.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
926
Businesses Nearby
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Demographics for 33138, FL
27,601
Population
14,310
Households
1.9
Avg Household Size
43
Median Age
47%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
6,572
Density / Sq Mi
$71,518
Median Household Income
$52,853
Median Earnings
$1,647
Median Rent
$686,300
Median Home Value
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Market
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Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Income-producing 5-unit building in Miami Shores, near the bay.
Where is this apartment building located?
The property is located at 850 NE 90th St Miami, FL.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: Excellent income‑producing property featuring 5 units (2 x 2 Bed/2 Bath, 3 x 1 Bed/1 Bath).; Located in a beautiful and quiet Miami Shores neighborhood, just three blocks from the bay.; All units are equipped with InstaHot water heaters and AC mini splits with heaters.
