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  • For sale
For Sale: 18-Unit Multifamily Property in North Beach - #1
For Sale: 18-Unit Multifamily Property in North Beach - #2
For Sale: 18-Unit Multifamily Property in North Beach - #3
For Sale: 18-Unit Multifamily Property in North Beach - #4
For Sale: 18-Unit Multifamily Property in North Beach - #5
For Sale: 18-Unit Multifamily Property in North Beach - #6
For Sale: 18-Unit Multifamily Property in North Beach - #7
For Sale: 18-Unit Multifamily Property in North Beach - #8
For Sale: 18-Unit Multifamily Property in North Beach - #9
For Sale: 18-Unit Multifamily Property in North Beach - #10
For Sale: 18-Unit Multifamily Property in North Beach - #11
For Sale: 18-Unit Multifamily Property in North Beach - #12
For Sale: 18-Unit Multifamily Property in North Beach - #13
For Sale: 18-Unit Multifamily Property in North Beach - #14

Colliers is pleased to present the opportunity to acquire Gary Avenue Apartments, a unique 18-unit multifamily property located in North Beach on Park View Island, walking distance from North beach Town Center.​ The property is positioned directly on Gary Avenue, which faces the intercoastal and is in close proximity to Miami’s most popular beaches, resorts, and restaurants.​ 



7291 Gary Avenue is an ideal investment opportunity for investors looking for a light value-add deal in a strong rental market with significant upside.​ The property consists of 18 units, which feature a mix of one-bedroom and two-bedroom units as well as one studio.​ Potential buyers will have the opportunity to raise rents by 40 percent after slightly improving the units.​ This is proven by rents already achieved within the building in recently updated units.​ Property will be delivered with Hurricane impact doors/windows, newly painted exterior, Newly done landscaping and irrigation, New modern fence in the front , and new washer/dryer station.​