2239 NW 87th Street Listing Details & Market Data

MSP Group, LLC is proud to be appointed the exclusive right to sell 8 units located at 2239 NW 87th Street in the northern area of Miami, Florida. The physical asset is made up of one 7-unit building of two stories built in 1956 and a separate single-unit building built in 1930, which sit atop a 0.23-acre lot. All the units on the property are 1-bedroom/1-bathroom units with 7 of those being rented to Section 8 tenants with top of the market rents. The property is gated and has abundant parking on-site. The location and affordability will provide a steady demand for rentals providing the buyer with excellent cash flow. Located just west of 22nd Avenue, the subject property allows tenants to access major South Florida. At 2.2 miles away from the property, I-95, a major national and statewide highway, is easily accessible from 2239 NW 87th Street through NW 79th Street. Additional transportation needs can be fulfilled with the Tri-Rail/Metrorail Transfer Station (2.2 miles away), which grants access to both Miami’s Metrorail and the West Palm Beach-Miami offerings of the Tri-Rail system. The central location of the property allows for many needs of tenants to be immediately met, including employment, dining, schooling, and entertainment. At just 0.9 miles from the subject, the Northside Shopping Center is headlined by a Florida Department of Motor Vehicles location as well as a Walgreens and a South Florida staple, Presidente Supermarket. Other brands on-site include Citi Bank, McDonald’s, and Dollar Tree. Practically across the street from Northside Shopping Center is a Walmart-anchored shopping center with a 7-Eleven, Dunkin Donuts, and a Ross Dress for Less.MSP Group, LLC is proud to be appointed the exclusive right to sell 8 units located at 2239 NW 87th Street in the northern area of Miami, Florida. The physical asset is made up of one 7-unit building of two stories built in 1956 and a separate single-unit building built in 1930, which sit atop a 0.23-acre lot. All the units on the property are 1-bedroom/1-bathroom units with 7 of those being rented to Section 8 tenants with top of the market rents. The property is gated and has abundant parking on-site. The location and affordability will provide a steady demand for rentals providing the buyer with excellent cash flow. Located just west of 22nd Avenue, the subject property allows tenants to access major South Florida. At 2.2 miles away from the property, I-95, a major national and statewide highway, is easily accessible from 2239 NW 87th Street through NW 79th Street. Additional transportation needs can be fulfilled with the Tri-Rail/Metrorail Transfer Station (2.2 miles away), which grants access to both Miami’s Metrorail and the West Palm Beach-Miami offerings of the Tri-Rail system. The central location of the property allows for many needs of tenants to be immediately met, including employment, dining, schooling, and entertainment. At just 0.9 miles from the subject, the Northside Shopping Center is headlined by a Florida Department of Motor Vehicles location as well as a Walgreens and a South Florida staple, Presidente Supermarket. Other brands on-site include Citi Bank, McDonald’s, and Dollar Tree. Practically across the street from Northside Shopping Center is a Walmart-anchored shopping center with a 7-Eleven, Dunkin Donuts, and a Ross Dress for Less.