Bimini Apartments | North Miami

This offering consists of a 10 unit building with 3 studios, 5 one bedroom units, and 2 two bedroom units. The property was built in 1962 and sits on a 10,273 (0.23 acre) square foot lot. Currently the studio units are rented in the range of $570 - $670 when the market rent is $750/month. The one bedroom units range from $820 - $920 when the market rent is $1,000/month. The two bedroom units rent for $1,055 and $1,235/month when market rent is $1,200 and $1,300/month respectively. Located just east of Interstate 95 and close to three universities: Florida International University, Barry University and Johnson & Wales. North Miami has seen increased demand for multifamily assets as there is limited supply in rapidly transforming sub market.