9050 NE 8th Ave, Miami Shores FL 33138
1957
Year Built
1
Stories
30
Days on Market
Description
Income Producing Property Opportunity. Welcome to Asbury Park, a rare and exceptional investment opportunity in the heart of Miami Shores. This stunning multifamily building boasts 16 spacious units on an expansive 30,000+ sq ft land parcel, offering endless possibilities for redevelopment, renovation, or continued operation as a thriving rental property. The roof was replaced entirely in 2021. The property is only steps away from water access and the well-known US-1. Proximity to shopping, public transportation, house of worship, grocery stores, schools, and much more.
Facts
- MLS#
- A11771269
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Income/MultiFamily
- Year Built
- 1957
- Lot Size
- 31,697 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 30 days
- Listed
- Mar 26, 2025
- Last Updated
- Jun 2, 2025
- Price/Lot Sq.Ft.
- $158/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
Market insights for Miami Shores
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
September 2026
33
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 6/2/2025 | Sold | $5,000,000 |
| 3/26/2025 | Price change | $5,000,000+900.0% |
| 3/26/2025 | Listed for sale | $500,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$30,929/mo
Principal & Interest
$26,612
Property Tax
$4,167
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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