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    OFF-MARKET
    Apartment buildings

    7939 East Dr North Bay Village, FL 33141

    Built 2008
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    Property summary
    AI-generated overview

    This exceptional 16-story, 2008-built apartment building in North Bay Village, Florida, presents a lucrative investment opportunity. Located at 7939 East Dr, 33141, this multifamily property boasts 15 two-story units, each featuring floor-to-ceiling windows and impressive 20-foot ceilings. Every unit offers breathtaking, unobstructed panoramic views of Biscayne Bay. The building also includes a spectacular penthouse unit with unparalleled views. Residents and guests enjoy convenient access to 34 covered parking spaces and two elevators. The strategic location in the heart of Miami Bay, amidst significant development including a nearby Ritz Carlton Residences, positions this property within one of Miami-Dade County's most desirable and rapidly appreciating areas. The building's design and location offer investors significant flexibility

    Property profile
    Verified
    Property type Apartment buildings
    Year built 2008
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    5 occupants on record
    Value estimations
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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