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Waterside & Boutique Apartments
Miami, FL Upper East Side North

$17,000,000 USD

Multifamily For Sale  •  39,579 SF

2 Properties View all

Property Details

  • Property Type Multifamily
  • Cap Rate 5.00 %
41 Transit Score
72 Walk Score

Highlights

Rare Opportunity To Acquire Two Well-Maintained, Sister Properties Located On The Same Block In The Exceptional Upper East Side Neighborhood Of Miami
The Buildings Are Located On Opposite Ends Of The Block And Comprise A Majority Of Its Acreage
Both Buildings Have Passed 40 & 50 Year Recertifications
Exterior Improvements To Waterside Include Hurricane-Impact Windows & Doors, New Roof With Insulation, Seamless Gutters, PVC Plumbing Throughout
Waterside Building Has New Water Heaters, Central Air Conditioning Throughout With New Duct Work & Freon Copper Lines, And New Elevator
Prime Location East Of Biscayne Blvd (US-1) And Bayshore Dr Ensuring Tenants A Quality Lifestyle With Close Proximity To The Water

Property Flyers

Cap Rate: 5.00 %

Public Transportation

Commuter RailDriveWalkDistance
Dr. Martin Luther King Jr. Plaza (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 11 min - 5.2 mi
Allapattah (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 12 min - 5.7 mi
AirportDriveWalkDistance
Miami International 27 min - 13.0 mi
Fort Lauderdale/Hollywood International 30 min - 19.8 mi
Daniel Dratch 845-304-5148 Franklin Street
Daniel Dratch 845-304-5148 Franklin Street