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Property profile & analytics
OFF-MARKET
Commercial real estate

9688 Fontainebleau Blvd Miami, FL 33172

Built 1982
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1982
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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