Frank Evans - Preferred Properties Int'l Realty, Inc Logo
$1,995,000
 $10,710 est/mo Sourced by Back At You

1385 NE 105th Street,Miami Shores, FL 33138

Miami Shores, FL 33138

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Description

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.

Details

MLS #A12074969
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1962
Days On Site20
Listing Provided ByThe Alpha Commercial Advisors LLC | Jamie Maniscalco

Features

SQ Feet4,767
Zoning3000
Acreage0.23

Area Information

StateFL
CountyMiami Dade
CityMiami Shores
Zip Code33138
Area2220
Listing VS Median (in 33138)
Price:
$1,995,000
low | high
Med:
$198,500
100% of Average
sqft:
4,767
low | high
Med:
622
100% of Average
$ / sqft:
$419
low | high
Med:
$322
73.159993350276% of Average
On site:
20
low | high
Med:
312
6.410256410256% of Average
Sourced by Back At You

Market Activity 33138

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Contact

Learn More About This Property

Frank Evans

Frank Evans

Preferred Properties Intl Realty Inc

BK3280715 (954) 684-6157frank@preferredpropertiesint.com
StateFL
CountyMiami Dade
CityMiami Shores
Zip Code33138
Area2220
Listing VS Median (in 33138)
Price:
$1,995,000
low | high
Med:
$198,500
100% of Average
sqft:
4,767
low | high
Med:
622
100% of Average
$ / sqft:
$419
low | high
Med:
$322
73.159993350276% of Average
On site:
20
low | high
Med:
312
6.410256410256% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.496M - $2.493M
sqft: 3,500 - 5,500
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Listing Updated: August 27, 2026 at 2:11:21 AM PDT

Frank Evans - Preferred Properties Int'l Realty, Inc