Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

1385 NE 105th St, Miami Shores FL 33138

Commercial For Sale
$1,995,000

BTC: 24.52064897

ETH: 820.31250000

56 days
0 room(s)

Overview

This well-maintained income property combines stable cash-flow with a clear path for immediate rental growth from light interior renovations. Featuring six oversized +/- 795 SF 1-BR residences, each offering private screened-in patio and select units configured with flexible den areas. Now with brand new roof as of Sept. 2026, property features clean, bright interiors, impact windows & doors, and private surface parking for an elevated, low-density residential experience distinguished from conventional condominium living. Plenty of immediate value-add upside available by updating appliances & finishes, adding in-unit washer/dryers, and transitioning remaining units to central A/C. Positioned east of Biscayne Boulevard just steps from the waterfront, the property offers a unique combination of tranquility and everyday convenience. Residents enjoy quick access to main commercial corridors while remaining surrounded by the recreational and lifestyle amenities of the Miami Shores area, including nearby golf, tennis, waterfront recreation, upscale grocers, dining, and neighborhood retail. This is an attractive opportunity to acquire a low-maintenance asset with durable income, tons of upside, and long-term appreciation potential in one of Miami’s most established water-front residential enclaves.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1962
Lot:
10000 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,700,000
$1.7M – $4.7M
Confidence Low
List vs. estimate
$1.7M below estimate
List $1,995,000 · -46.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $613K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features
  • Lot

    • Lot: 10000 Square Feet

    Other Property Information

    • Parcel Number: 11-22-32-027-0100

    • Zoning: 3000

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Source details

    • MLS ID: A12074969

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

For Sale
$1,575,000
House
3 bds · 2 ba · 1,685 sqft
AVIATION COUNTRY CLUB 1ST,Keystone Point, North Miami
2145 NE 124th St, North Miami FL 33181
For Sale
$2,299,000
Condo/Co-op
3 bds · 3 ba · 2,957 sqft
PALM BAY TOWERS CONDO, Miami
720 NE 69th St # 10N, Miami FL 33138
1545 NE 104th St, Miami Shores FL 33138
-$50K
For Sale
$2,499,000
Lots/Land
0.20 acres
RIVER BAY PARK ADDN, Miami Shores
1545 NE 104th St, Miami Shores FL 33138
New
For Sale
$1,999,999
House
4 bds · 3 ba · 2,571 sqft
BONMAR PK ADDN A, Miami Shores
190 NW 102nd St, Miami Shores FL 33150
New
For Sale
$1,424,900
Townhouse
4 bds · 4 ba · 3,711 sqft
TOWERS QUAYSIDE CT-YARD V,Quayside, Miami
1566 NE Quayside Ter # D14, Miami FL 33138
New
For Sale
$1,650,000
Multi-family
0 room(s) · 2,792 sqft
ISLE OF NORMANDY MIAMI VI, Miami Beach
1730 Marseille Dr, Miami Beach FL 33141
New
For Sale
$2,300,000
Condo/Co-op
2 bds · 2 ba · 1,849 sqft
The Well at Harbor Islands, Bay Harbor Islands
1176 97th ST # 501, Bay Harbor Islands FL 33154
For Sale
$2,400,000
Condo/Co-op
2 bds · 3 ba · 1,571 sqft
ONE PARK TOWER BY TURNBER,One Park Tower, Miami
2411 Laguna Circle # 2211, Miami FL 33180

Market around this address

Live counts in the same area.
View all

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Alpha Commercial Advisors LLC