Shore Crest is a 8-unit, multifamily community located in Miami, FL, which is in Miami-Dade County.​

The subject property is a one-story building built in 1960 using reinforced concrete block construction with painted stucco exterior.​

The property is located at 1051 NE 80th St, north of NE 76th St, and between Biscayne Blvd and Abbott Ave, main traffic arteries traveling north-south through Miami-Dade County.​

The property is just a few minutes drive down NE 76th from access to the world famous Miami beaches.​

The immediate neighborhood consists of primarily multi-family buildings of similar age and construction as the subject property.​

The investment opportunity consists of a highly attractive unit mix of (8) one-bedroom & one-bathroom apartments, totaling approximately 4,760 RSF.​

All units are recently completely renovated.​

Shore Crest offers an investor the opportunity to purchase a stabilized, irreplaceable investment property in one of the strongest rental markets in Miami-Dade County, where vacancies are virtually non-existent.

This investment provides great cash flow day one of acquisition and the opportunity to increase rents by 20%+.​

Highlights

• Turnkey opportunity to raise rents as much as 20%+
• Proforma Gross Potential Rent: $158,400
• Easy access to Aventura, Bal Harbour, Miami Beach, Wynwood, Bayside, and Miami International Airport
• Updated units. New hurricane impact windows, plumbing & Electrical panels
• Historically 100% occupied
• Minimal Operating Expenses and Landlord Responsibilities

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