9050 ne 8th aveMiami Shores, FL 33138

$5,000,000Price
9,797 Sq.Ft.$510 / Sq.Ft.
9,797Sq.Ft.
$510per Sq.Ft.
$5,000,000Price
9,797$510.36 / Sq.Ft.

9050 ne 8th aveMiami Shores, FL 33138

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.

Property Details for 9050 NE 8th Ave

  • Parking FeaturesCommon
  • Property AttachedNo

LISTING UPDATED:

  • StatusActive
  • MLS #A11771269
  • Days on Site48
  • Taxes$48,921 / year
  • MLS TypeCommercial Sale
  • Year Built1957
  • Lot Size0.73 Acres
  • CountryMiami-Dade County

Location

FLMiami Shores331389050 NE 8th Ave

Listing Courtesy of United Realty Group Inc - Jahaira PA Vera

LISTING UPDATED:

  • StatusActive
  • MLS #A11771269
  • Days on Site48
  • Taxes$48,921 / year
  • MLS TypeCommercial Sale
  • Year Built1957
  • Lot Size0.73 Acres
  • CountryMiami-Dade County

Building Information for 9050 NE 8th Ave

Payment Calculator

$30,689 per month30 year fixed, 7.00% Interest
Principal and Interest$26,612.1
Property Taxes$4,076.75
HOA Dues$0

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Property Information for 9050 NE 8th Ave

Summary

Location and General Information

  • Coordinates: 25.8586638,-80.18151180000001

School Information

    Taxes and HOA Information

    • Parcel Number: 11-32-06-011-0020
    • Tax Year: 2024
    • Tax Legal Description: ASBURY PARK PB 4-110 LOT 3 LOT SIZE 109.300 X 290 OR 21197-1186 0403 1

    Virtual Tour

      Parking

      • Open Parking: No

      Interior and Exterior Features

      Interior Features

      • Cooling: Wall/Window Unit(s)
      • Basement: None
      • Flooring: Ceramic Floor

      Exterior Features

      • Construction Materials: Insulated
      • Roof Type: Tile Roof
      • Security Features: Smoke Alarm
      • Pool Private: Yes
      • Road Frontage Type: City Street

      Property

      Utilities

      • Sewer: Septic Tank
      • Water Source: Public

      Property and Assessments

      • Home Warranty: No

      Green Features

        Lot Information

        • Lot Features: In Residential Area

        Multi Family

        • Number of Units To Be Built: Square Feet

        Rental

        Rent Information

        • Land Lease: No

        Public Records for 9050 NE 8th Ave

        Tax Record

        Home Facts