BreakThru Realty

11900 N Bayshore Drive 1-8, North Miami, FL 33181

$5,500,000 · $767 per sq ft · Multifamily for sale

  • Property type: Multi Family
  • Asking price: $5,500,000
  • Price per sq ft: $767
  • Building size: 7,170 sq ft
  • Lot size: 11,326 sq ft
  • Zoning: 0900
  • Year built: 1958
  • Parcel ID: 0622280114440
  • MLS#: A12113344
Photo 1 at 11900 N Bayshore Drive 1-8, North MiamiPhoto 2 at 11900 N Bayshore Drive 1-8, North MiamiPhoto 3 at 11900 N Bayshore Drive 1-8, North MiamiPhoto 4 at 11900 N Bayshore Drive 1-8, North MiamiPhoto 5 at 11900 N Bayshore Drive 1-8, North MiamiPhoto 6 at 11900 N Bayshore Drive 1-8, North MiamiPhoto 7 at 11900 N Bayshore Drive 1-8, North MiamiPhoto 8 at 11900 N Bayshore Drive 1-8, North Miami

About this property

THIS FULLY RENOVATED 8-UNIT MULTIFAMILY PROPERTY IS AVAILABLE! 5.75% CAP RATE IN PLACE, GOOD CASHFLOW AND DIRECT WATER! THE ONLY ONE OF ITS KIND IN THE AREA. 6 2-BEDROOM UNITS, 2 1-BEDROOM UNITS. ALL UNITS HAVE A WASHER AND DRYER, NEW AC SYSTEMS, APPLIANCES, WASHING MACHINES, AND A BRAND-NEW 86" DOCK & SEAWALL WITH A BOAT PEDESTAL READY FOR A BOAT UP TO 96'! THE BACKYARD HAS BEEN TASTEFULLY REDONE WITH STONE PAVERS, MAKING IT EASY TO MAINTAIN AND ENTERTAIN EVEN ON A MOMENT'S NOTICE! WALKING DISTANCE TO SHOPS, RESTAURANTS, HOUSES OF PRAYER & SHORT DRIVES MIGHT BE THE PEAK, BUT THE FULL SEND IS THE NO FIXED BRIDGES TO GET TO THE OCEAN - BE ON YOUR WAY TO THE BAHAMAS IN LESS THAN 20 MINUTES! COME SEE WHAT ALL THE HYPE IS ABOUT!

Operating Statement

Property taxes$48,844/yr

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Real Broker, LLC · flbroker@therealbrokerage.com · Listing agent: Joseph Brikman

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 11900 N Bayshore Drive 1-8 or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Before You Make an Offer

Buying an apartment building

Selling an Apartment Building?

Multifamily buyers underwrite the rent roll, the occupancy, the expenses, the insurance and the capital needs, and many tell BreakThru Realty the size and location they are buying. If you own an apartment building, a broker can check it against those requirements before you list and prepare the operating history buyers and their lenders will ask for.

Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.

Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty

A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.

Questions About 11900 N Bayshore Drive 1-8

How much is 11900 N Bayshore Drive 1-8?
11900 N Bayshore Drive 1-8 is listed at $5,500,000, about $767 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is 11900 N Bayshore Drive 1-8 zoned?
The listing reports zoning of 0900. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 11900 N Bayshore Drive 1-8?
The listing reports 7,170 square feet of building.
When was 11900 N Bayshore Drive 1-8 built?
11900 N Bayshore Drive 1-8 was built in 1958. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 11900 N Bayshore Drive 1-8?
The listing reports annual property taxes of $48,844. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 11900 N Bayshore Drive 1-8?
Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

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