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North Miami Ave Multi-Family Portfolio 6 Multifamily Properties Offered at $13,261,240 CAD in Miami, FL

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INVESTMENT HIGHLIGHTS

  • 8 Assets
  • 92% Occupied
  • Fully remodeled kitchens and bathrooms
  • 30 studios
  • 48 units

EXECUTIVE SUMMARY

The North Miami Ave portfolio is ideally positioned in Miami’s thriving
Little River neighborhood, offering investors an exceptional opportunity
to capitalize on the area’s rapid transformation and surging demand for
quality housing. The portfolio consists of two continous assemblages.
One is on 55th street & North Miami Ave and the other is on 77th street &
North Miami Ave.
All units have been extensively renovated with new kitchen cabinets,
modern appliances, updated bathroom fixtures, new flooring, and
efficient AC systems. Impact windows and doors
throughout further enhance long-term value and tenant appeal.
The portfolio benefits from immediate proximity to major institutional
developments. It sits adjacent to AJ Capital Partners’ 27-acre adaptive
reuse project, which is revitalizing the neighborhood with creative spaces,
businesses, and cultural venues. Just blocks away, Swerdlow
Group—together with the City of Miami—is developing a transformative
mixed-use project that will further drive economic activity and attract
new residents and businesses to Little River.
Residents also enjoy close access to Sunny’s Steakhouse, recently named
Miami’s best restaurant by Time Out, underscoring the neighborhood’s
growing reputation as a culinary and cultural destination.
With a prime location, significant surrounding development, and fully
upgraded units, this portfolio is well-positioned to deliver strong rental
demand and long-term value appreciation as Little River solidifies its
status as one of Miami’s most desirable urban districts.

PROPERTY FACTS

Price $13,261,240 CAD
Price / SF $325.63 CAD / SF
Cap Rate 5.35%
Sale Type Investment
Status Active
Number of Properties 6
Individually For Sale 0
Total Building Size 40,725 SF
Total Land Area 1.74 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Bowery Evans Apartments
7700 Miami Ave, Miami, FL 33150
Multifamily 22,000 SF 1952 -
Bowery Evans Apartments
7720 N Miami Ave, Miami, FL 33150
Multifamily 7,765 SF 1985 -
5500 N Miami Ave, Miami, FL 33127 Multifamily 3,635 SF 1953 -
Bowery Evans Apartments
31 NW 77th St, Miami, FL 33150
Multifamily 3,389 SF 1990 -
5440 N Miami Ave, Miami, FL 33127 Multifamily 2,016 SF 1951 -
5430 N Miami Ave, Miami, FL 33127 Multifamily 1,920 SF 1951 -
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  • Listing ID: 36244199

  • Date on Market: 2025-06-13

  • Last Updated:

  • Address: North Miami Ave Multi-Family Portfolio, Miami, FL

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