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535 73rd St
Miami, FL 33141 North Shore

$2,250,000 USD

Apartments For Sale  •  4,187 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,450 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1954
  • Cap Rate 5.57 %
  • Zoning CD-2, Miami Beach
50 Transit Score
70 Walk Score

Highlights

Fully Renovated Property: Updated with open-concept kitchens, hardwood floors, impact windows, and a new 2023 roof.
Oversized Unit Layouts: Eight spacious 1-bedroom/1-bath apartments with strong tenant appeal.
Proven Rental Performance: History of 100% occupancy and collections with long-term, credit-qualified tenants.
Prime North Beach Location: Just steps from the beach and minutes from Downtown Miami.
Secure & Well-Maintained Asset: Gated keypad entry, private garden, on-site laundry, and professional on-site management.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $125,221 USD (2025)
Cap Rate: 5.57 %
Total Expenses: $46,319 USD

Amenities

  • Air Conditioning
  • Cable Ready
  • Courtyard
  • Fenced Lot
  • Microwave
  • Gated
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Range
  • Views
  • Dining Room
  • Garden
  • Patio
  • Vinyl Flooring

Public Transportation

AirportDriveWalkDistance
Miami International 35 min - 16.9 mi
Fort Lauderdale/Hollywood International 38 min - 19.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Elior Levi 954-743-7594 Fausto Commercial Realty Consultants
Elior Levi 954-743-7594 Fausto Commercial Realty Consultants