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Waterside & Boutique Apartments 2 biens • Immeuble residentiel • À vendre 23 040 099 $ CAD • Miami, FL
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Faits saillants de l'investissement
- Rare Opportunity To Acquire Two Well-Maintained, Sister Properties Located On The Same Block In The Exceptional Upper East Side Neighborhood Of Miami
- Both Buildings Have Passed 40 & 50 Year Recertifications
- Waterside Building Has New Water Heaters, Central Air Conditioning Throughout With New Duct Work & Freon Copper Lines, And New Elevator
- The Buildings Are Located On Opposite Ends Of The Block And Comprise A Majority Of Its Acreage
- Exterior Improvements To Waterside Include Hurricane-Impact Windows & Doors, New Roof With Insulation, Seamless Gutters, PVC Plumbing Throughout
- Prime Location East Of Biscayne Blvd (US-1) And Bayshore Dr Ensuring Tenants A Quality Lifestyle With Close Proximity To The Water
Résumé de l'annonce
Waterside & Boutique Apartments offers a compelling multifamily investment comprised of two buildings situated on the same block and marketed as a single, cohesive property. The offering totals 67 units within a 39,307 square foot low-rise structure, delivering meaningful scale while maintaining a classic garden-style configuration, combining vintage character with a proven multifamily layout that continues to perform well within an urban residential setting.
Over time, the property has benefited from numerous renovations and capital improvements completed across different periods, reflecting ongoing ownership investment and thoughtful stewardship. These upgrades have enhanced both the physical condition and functional appeal of the buildings, positioning the asset to meet modern tenant expectations. This history of reinvestment reduces near-term capital exposure and provides a strong foundation for continued operational stability.
Zoned T5-R, the property offers valuable urban residential zoning that supports long-term strategic optionality. The two-building configuration allows for efficient operations, unit mix diversification, and a boutique residential feel that is increasingly attractive to renters. For a Multifamily / Low-Rise / Garden investor, Waterside & Boutique Apartments represents an opportunity to acquire a well-maintained, scale-efficient asset with a demonstrated capital improvement history and upside potential through continued optimization.
Over time, the property has benefited from numerous renovations and capital improvements completed across different periods, reflecting ongoing ownership investment and thoughtful stewardship. These upgrades have enhanced both the physical condition and functional appeal of the buildings, positioning the asset to meet modern tenant expectations. This history of reinvestment reduces near-term capital exposure and provides a strong foundation for continued operational stability.
Zoned T5-R, the property offers valuable urban residential zoning that supports long-term strategic optionality. The two-building configuration allows for efficient operations, unit mix diversification, and a boutique residential feel that is increasingly attractive to renters. For a Multifamily / Low-Rise / Garden investor, Waterside & Boutique Apartments represents an opportunity to acquire a well-maintained, scale-efficient asset with a demonstrated capital improvement history and upside potential through continued optimization.
Faits sur la propriété
| Prix | 23 040 099 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 582,13 $ CAD / pi² | Individuellement en vente | 0 |
| Taux de capitalisation | 5% | Taille totale du bâtiment | 39 579 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 1,19 AC |
| Statut | Actif |
| Prix | 23 040 099 $ CAD |
| Prix/pi² | 582,13 $ CAD / pi² |
| Taux de capitalisation | 5% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 39 579 pi² |
| Superficie totale du terrain | 1,19 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
|
Waterside Apartments
1101 NE 80th St, Miami, FL 33138 |
Immeuble residentiel | 20 229 pi² | 1970 | - |
|
Boutique Apartments
8000 NE Bayshore Ct, Miami, FL 33138 |
Immeuble residentiel | 19 350 pi² | 1956 | - |
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Waterside & Boutique Apartments
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