9688 Fontainebleau Blvd Miami, FL 33172
This exceptional investment opportunity presents a portfolio of six two-bedroom, two-bathroom condo units ideally situated across three desirable Miami-Dade County communities: Lakeshore University Park (two units), Miramar Club (three units), and Bayan Tree Condominium in The Hammocks (one unit). All units are currently leased to long-term tenants under annual agreements, ensuring a stable and consistent income stream. The property boasts a strong rental history with all units meticulously maintained. This turnkey investment offers a compelling return on investment, with a total asking price of $1,519,000. The building was constructed in 1982. This portfolio represents a rare chance to acquire a well-maintained, income-producing multifamily asset in a thriving South Florida market. The units are located at 9688 Fontainebleau Blvd #409, Miami, FL 33172. Note that this listing refers to a specific six-unit portfolio, distinct from other investment opportunities mentioned in the original marketing materials.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.