7927-7931 East Drive – North Bay Village – Miami

Amazing opportunity to buy a 44 unit waterfront MF sitting over 1 acre of land, priced below appraised value. Very centrally located close to restaurants, schools, shopping and of course the bay with open views! Fully rented with very stable tenants.

There is a low interest 3.12% assumable loan. Earn a CAP of 5.41% until a reposition with a NEW DEVELOPMENT of 72 units.