This 12-unit boutique building is located in the heart of North Miami, small city of Biscayne Park, just a few blocks from shops such as Whole Foods, Publix, Home Depot, CVS, Walgreens and more. Biscayne park has only private houses except for two 2-story apartment buildings, one of which is this one. The building consists of 12 studios. Most units feature upgrades consisting of new flooring, updated kitchens, bathrooms and appliances. The property features on-site laundry room and a large parking area. The building offers an investor the opportunity to purchase a greatly located stable cash flowing asset with potential rent increase. The investment opportunity offers amazing rents on day one with the ability to increase rents significantly in a location that simply cannot be beaten.
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Biscayne Park is located in Florida. Biscayne Park, Florida has a population of 3,117. Biscayne Park is more family-centric than the surrounding county with 52.06% of the households containing married families with children. The county average for households married with children is 27.22%.
The median household income in Biscayne Park, Florida is $65,000. The median household income for the surrounding county is $57,815 compared to the national median of $69,021. The median age of people living in Biscayne Park is 32.9 years.
The average high temperature in July is 89.7 degrees, with an average low temperature in January of 58.9 degrees. The average rainfall is approximately 59.3 inches per year, with 0 inches of snow per year.
