Contacts
Property Details
- Property Type Other
- Lot Size 9,000 SF
- Additional Rent Contact for pricing
- Date Updated Dec 20, 2024
Colliers is pleased to present the opportunity to acquire Biscayne Point Portfolio, a unique 19-unit multifamily portfolio featuring two boutique apartment buildings. The properties are positioned two blocks away from each other in Biscayne Point near the North Beach neighborhood of Miami Beach. Biscayne Point is an exclusively sought-after neighborhood enclave minutes away from Bal Harbour shops as well as Miami’s most popular beaches, resorts, and restaurants.
Biscayne Point Portfolio is an ideal investment for investors looking for a light value-add opportunity with significant upside in a strong rental market. The portfolio consists of 19 units spread across two properties with three additional non-conforming units, for a total of 22 operating units. The properties feature a mix of one-bedroom and two-bedroom units as well as one studio. Potential buyers will have the ability to raise rents by 40 percent due to rents being below market. Both properties are four-story Class B+ boutique apartment buildings with surface parking, central AC, and elevators.
Biscayne Point is a highly in-demand neighborhood due to its resort-like ambiance, gated entry, and 24-hour security. The neighborhood offers two park options including Stillwater Park and Crespi Park, providing residents ample green space for outdoor activities. Other nearby amenities include the Indian Creek Country Club, Normandy Shores Golf Club, and the luxury outdoor shopping center known as Bal Harbour Shops. Due to its prime location and resort-style living, Biscayne Point is ideal for affluent executives, families and retirees alike.
Reach out to the broker for more info on lease terms and amenities
Getting around
-
Walk Score ®
-
Transit Score ®
-
Bike Score ®
Location
- City Miami Beach, FL
- Neighborhood Biscayne Point
- Zip Code 33141
- Market Miami
Points of Interest
-
Aventura
6.30 miles
-
MiamiCentral
7.69 miles
-
Opa-Locka
8.16 miles
-
Brickell City Centre
8.20 miles
-
Miami
8.31 miles
-
Hialeah Market
9.18 miles
-
Miami Airport
9.62 miles
-
Miami Intermodal Center
9.67 miles
-
Marathon
0.92 miles
-
Chevron
0.95 miles
-
Shell
0.95 miles
-
Mobil
1.61 miles
-
Speedway
2.25 miles
-
BP
2.73 miles
-
ChargePoint
2.74 miles
-
Blink
2.82 miles
-
Publix Charging Station
5.32 miles
-
Tesla Supercharger
5.70 miles
-
Miami Beach Parking Lot (P110)
0.22 miles
-
Miami Beach Parking Lot (P100)
0.24 miles
-
Miami Beach Parking Lot (P111)
0.29 miles
-
Miami Beach Parking Lot (P109)
0.30 miles
-
Miami Beach Parking Lot (P112)
0.35 miles
-
Miami Beach Parking Lot (P108)
0.41 miles
-
Miami Beach Parking Lot (P107)
0.47 miles
-
Biscayne Elementary Parking Lot
0.60 miles
-
7438 Wayne Ave Parking
0.71 miles
-
CVS Parking
0.73 miles
-
Beach Place Hotel
0.28 miles
-
The Donovan at Miami Beach
0.32 miles
-
Beachside Apartment Hotel
0.33 miles
-
Solara Surfside
0.44 miles
-
Baltic Hotel
0.59 miles
-
Four Seasons Hotel at The Surf Club
0.62 miles
-
Seaside Apartment Hotel
0.66 miles
-
The Broadmore Miami Beach
0.73 miles
-
Days Inn & Suites Miami / North Beach Oceanfront
0.73 miles
-
Bay Harbor 10076 E
1.54 miles
-
M&L Food Market
0.71 miles
-
Walgreens
0.78 miles
-
Navarro's Supermarket
0.93 miles
-
Bay Supermarket
0.94 miles
-
Auto Tag Agency
0.95 miles
-
Tropical Supermarket
0.96 miles
-
Publix
1.01 miles
-
Bal Harbour Shops
1.30 miles
-
Mom & Pop Supermarket
1.37 miles
-
Beach food market & Cafe
1.40 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.