893 NE 81 Street

For Sale

Under Contract

893 NE 81 Street

893 NE 81 Street Shorecrest Apartment – 7 Unit Boutique Multifamily Property

City:Miami

Land area:13,560 SF

Property Status: For Sale, Under Contract

Adriano Salucci adriano@apexcapitalrealty.com

Price $1,925,000

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Property Summary

Zoning: T3-R

Unit mix: (4) 2 Bed / 1 Bath, (1) Studio, (2) 1 Bed / 1Bath

Gross Income: $184,800

Parking: Gated/Private Parking

Cap Rate: 6.39%

Description APEX Capital Realty is proud to present The Shorecrest Apartments, a boutique multifamily property located in Miami’s vibrant Shorecrest neighborhood. Originally built in 1959 and fully renovated in 2024, the property embodies the area’s signature MiMo/Art Deco charm while offering modern interiors designed for today’s renter. The unit mix consists of four spacious 2-bed/1-bath units, two 1-bed/1-bath units, and one studio, all featuring upgraded kitchens, bathrooms, and flooring. Each apartment is equipped with in-unit washer/dryer, providing tenants the convenience of modern living. Residents enjoy a private, gated parking lot for secure and easy access, as well as a newly designed common lounge/office area, a flexible space to work from home, relax, or gather with friends and family. These thoughtful upgrades and amenities position the property to command top-of-market rental rates while delivering a strong long-term value proposition for investors.

Lot & Building Size Breakdown:

Building size: 6,614 SF

Lot size: 13,560 SF (0.31 Acres)

Property Highlights

Built 1959 | Renovated 2024 - Blends MiMo/Art Deco character with modern finishes

Fully Renovated Interiors - Upgraded kitchens, bathrooms, and flooring

In-Unit Washer/Dryer - Featured in every apartment

Secure Gated Parking - Dedicated lot for tenants and guests

Activated Common Lounge/Office - Flexible space for remote work or social gatherings

Top-of-Market Rents - Strong rental demand in Miami’s Shorecrest neighborhood

Details Property size: 6,614 SF Property Status: For Sale, Under Contract Property Type: Multifamily Land Area: 13,560 SF Year Built: 1959

Address City: Miami State/country: FL

Documents Property Brochure download

Listing Agents

Adriano Salucci Vice President, Investment Sales

(305) 340-3584 adriano@apexcapitalrealty.com

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893 NE 81 Street Shorecrest Apartment – 7 Unit Boutique Multifamily Property Multifamily Adriano Salucci 6 months ago $1,925,000