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1385 NE 105th St, Miami Shores FL 33138

Commercial For Sale
$1,995,000

BTC: 25.18939394

ETH: 814.61821151

21 days
0 room(s)

Overview

PRESENTING A BOUTIQUE 6-UNIT MULTIFAMILY ASSET OFFERING STABILIZED IN-PLACE INCOME + RENTAL UPSIDE IN AN EXCEPTIONAL EAST-OF-BISCAYNE MIAMI SHORES LOCATION.... This well-maintained income property combines stable cash-flow with a clear path for continued organic rental growth, featuring six oversized +/- 795 SF 1-BR residences, each offering private screened-in patio and select units configured with flexible den areas. Updated, bright interiors, some with stainless steel appliances and remaining value-add potential in the others, impact windows and doors, on-site laundry, and private surface parking create an elevated, low-density residential experience distinguished from conventional condominium living. 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. With completed building recertification and a new roof underway, this is an attractive opportunity to acquire a low-maintenance asset with durable income, attainable upside, and long-term appreciation potential in one of Miami's most established 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
$1,550,000
$1.1M – $2.3M
Confidence Low
List vs. estimate
$445K above estimate
List $1,995,000 · +28.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $711K
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.
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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