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Active - Other for sale

11900 N Bayshore Dr # 8, North Miami FL 33181

Facts & features

Other Property type
9 days on Beycome
1958 Year built

Why you’ll love it

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!

Translating description...

Listings courtesy of Real Broker, LLC.

Listed by: Joseph Brikman • 929-842-3080 • Real Broker, LLC

Co-listed by: Real Broker, LLC

Source: Miami MLS, MLS#: A12113344 Miami MLS logo

Based on info available as of Nov 14, 2026 at 6:44 PM EST.

Come see by yourself

Affordability

$3,575,000$7,425,000
1%20%
0%90%
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Estimated monthly payment

$31,881/mo

  • Mortgage$27,811
  • Property tax$4,070
  • HOA fee
  • Homeowners insurance
Due at closing$4,372,500
Down payment held in escrow$1,100,000
Closing costs$82,500
beycome credit Est.$110,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$110,000 Credit back

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Travel times

About North Miami

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 10 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 14, 2026 at 06:44pm EST.

$5,500,000 Listed price

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$110,000 Credit back

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