9050 8th Ave ,Free Standing, Apartments for Sale & Rent

9050 8th Ave for Sale & Rent

Price $5,000,000.00

• Lot size 31697
• Year Build 1957
• Waterfront
• Zip 33138
• Style
• Parking Description Common
• Pool Yes
• Status Active

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 is 97% occupied, please contact me to get information and access.

ASBURY PARK PB 4-110 LOT 3 LOT SIZE 109.300 X 290 OR 21197-1186 0403 1

In Residential Area

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.

City:Miami Shores,Zoning:3000,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2024,Latitude:25.8586638,Cooling Y N:1,Lease Term:Annual Lease,List Price:5000000,Listing Id:A11771269,Longitude:-80.1815118,Mls Status:Active,Ownership:Corporation,Year Built:1957,Inclusions:Building & Land, Leases,Tools,Postal Code:33138,Street Name:8th Ave,Tenant Pays:1:Telephone,Coordinates:1:25.8586638,Gross Income:323000,Photos Count:33,Building Name:ASBURY PARK,Listing Terms:1:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:32,On Market Date:2025-03-26,Parcel Number:11-32-06-011-0020,Property Type:Commercial Sale,Stories Total:1,Street Number:9050,Public Remarks: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.,County Or Parish:Miami-Dade County,List Office Name:United Realty Group Inc,Private Remarks:Property is 97% occupied, please contact me to get information and access.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Increase,Postal Code Plus4:3283,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NE,Tax Annual Amount:48921,Unparsed Address:9050 NE 8th Ave, Miami Shores FL 33138,Listing Agreement:Exclusive Agency,Year Built Details:Unknown,Building Area Total:9797,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:31697,M I A M I R E_ For Sale Y N:1,Number Of Buildings:2,Original List Price:500000,Previous List Price:500000,Public Survey Range:32,Documents Available:1:Copy Of Lease(S),2:Owner Managed,3:Rent Rolls,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2025-03-26,Originating System I D:miamire,Public Survey Section:6,Street Number Numeric:9050,Tax Legal Description:ASBURY PARK PB 4-110 LOT 3 LOT SIZE 109.300 X 290 OR 21197-1186 0403 1,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Income Producing Property Opportunity. Welcome to Asbury Park, a rare and exceptional investment opportunity in the heart of Miami Shores.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-03-26,Internet Address Display Y N:1,Number Of Units In Community:16,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,Internet Entire Listing Display Y N:1,