$4,000,000
$5,000,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
9,797 SqFt
SOLD DATE : 05/30/2025
Key Details
Sold Price $4,000,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,797 sqft
Price per Sqft $408
MLS Listing ID A11771269
Sold Date 05/30/25
Construction Status Unknown
HOA Y/N No
Year Built 1957
Annual Tax Amount $48,921
Tax Year 2024
Contingent 3rd Party Approval
Lot Size 0.728 Acres
Property Sub-Type Multi Family
Property Description
Income Producing Property Opportunity. Welcome to Asbury Park, a rare and exceptional investment opportunity in the heart of Miami Shores. This stunning multifamily building boasts 16 spacious units on an expansive 30,000+ sq ft land parcel, offering endless possibilities for redevelopment, renovation, or continued operation as a thriving rental property. The roof was replaced entirely in 2021. The property is only steps away from water access and the well-known US-1. Proximity to shopping, public transportation, house of worship, grocery stores, schools, and much more.
Location
State FL
County Miami-dade
Area 32
Interior
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile
Exterior
Roof Type Tile
Private Pool Yes
Building
Story 1
Sewer Septic Tank
Water Public
Level or Stories One
Structure Type Block
Construction Status Unknown
Others
Tax ID 11-32-06-011-0020
Ownership Corporation
Security Features Smoke Detector(s)
Acceptable Financing Cash, Owner May Carry
Listing Terms Cash, Owner May Carry
Financing Cash
Special Listing Condition Corporate Listing
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Bought with Gridline Properties