Property summary
This exceptional investment opportunity presents a 12-unit, fully furnished short-term rental portfolio located in the highly desirable Sunny Isles Beach, Florida. Situated within a 420-unit building, this Class B property boasts 13,785 square feet of rentable space, offering a compelling 9.98% cap rate and a substantial NOI of $798,000. The portfolio comprises a diverse mix of unit configurations: one 3-bedroom/2-bathroom unit, two 2-bedroom/2-bathroom units, one convertible… 2-bedroom/1-bathroom unit, three 1-bedroom/1-bathroom units, and five 1-bedroom/1.5-bathroom units. Each unit includes a full kitchen and assigned parking space, totaling 12 parking spaces. The building underwent renovations in 2006 (roof, garage, windows, exterior walls), and any special assessments will be paid by the seller at closing. Building amenities are extensive, including a heated pool, tennis courts, gym, mini-market, hair salon, boxing studio, valet service, and 24-hour concierge. Condo maintenance fees cover hot and cold water, cable/internet, air conditioning, and exterior insurance. Laundry facilities are conveniently located on each floor. All units are licensed for short-term rentals through Airbnb, VRBO, and Booking.com, and have historically generated monthly income ranging from $5,000 to $10,000 per unit, depending on the season, with an average occupancy rate of approximately 94%. This turnkey portfolio is offered at $8,000,000, representing a price per unit of $578,214.29 and a price per square foot of $580.34. The property is zoned for residential multifamily use and features a single, one-story building constructed in 1972. Detailed financial information will be provided to qualified buyers under a Non-Disclosure Agreement.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
- Location Analytics
Cancel anytime.
- 300 reports a month
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
- Location Analytics
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
