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1101 NE 80th St
Miami, FL 33138
Waterside Apartments · Multifamily Property For Sale
·
24 Units
Investment Highlights
- Rare Opportunity To Acquire A 3-Story, Gut-Renovated, Turnkey Asset In The Exceptional Upper East Side Neighborhood Of Miami
- Exterior Improvements Include Hurricane-Impact Windows & Doors, New Roof With Insulation, Seamless Gutters, PVC Plumbing
- Prime Location East Of Biscayne Blvd (US-1) And Bayshore Dr Ensuring Tenants A Quality Lifestyle With Close Proximity To The Water
- Building Has Gone Through Extensive Capital Expenditures Including Concrete Restoration, Structural Improvements, Foundational Work, All with Permits
- Passed 40 & 50 Year RecertificationHighly Desirable Unit Mix With Spacious Units, Laundry In-Unit, And Balconies On The 2nd & 3rd Floors
- Strong Demographic Data In Upper East Side Market
Executive Summary
Enjoy easy access to the bustling Miami Design District, offering luxury retail and culinary experiences. The neighborhood's blend of natural beauty, unique attractions, and a growing community creates a compelling investment opportunity. With its proximity to notable points of interest and a thriving urban landscape, the area surrounding Waterside Apartments sets the stage for a prosperous Multifamily/Low-Rise/Garden investment venture.
Waterside Apartments offers a prime location within this dynamic community, providing an inviting canvas for Multifamily investment. With its desirable amenities and proximity to the vibrant heart of Miami's Upper East Side, this property presents an exceptional opportunity for investors seeking to capitalize on the area's growth and potential.
Waterside Apartments offers a prime location within this dynamic community, providing an inviting canvas for Multifamily investment. With its desirable amenities and proximity to the vibrant heart of Miami's Upper East Side, this property presents an exceptional opportunity for investors seeking to capitalize on the area's growth and potential.
Property Facts
| Price Per Unit | $425,919 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.53 AC |
| Cap Rate | 5.14% | Building Size | 20,229 SF |
| No. Units | 24 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1970/2016 |
| Apartment Style | Low-Rise | ||
| Zoning | 4600 | ||
| Price Per Unit | $425,919 CAD |
| Sale Type | Investment |
| Cap Rate | 5.14% |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.53 AC |
| Building Size | 20,229 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1970/2016 |
| Zoning | 4600 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Refrigerator
- Oven
- Range
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 15 | - | 700 |
| 2+1 | 9 | - | 900 |
Property Taxes
| Parcel Number | 01-3208-011-0150 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $5,887,492 CAD |
Property Taxes
Parcel Number
01-3208-011-0150
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,887,492 CAD
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