2345 NE 135th Street, North Miami, FL 33181

2345 NE 135th Street at 2345 NE 135th Street, North Miami, FL 33181 presents a compelling multifamily investment opportunity in one of North Miami’s established residential corridors. This 23-unit, three-story asset offers 26,850 SF of rentable area on a 0.54-acre site and is currently 100% occupied, delivering immediate, stable cash flow. The property features a well-balanced unit mix of spacious one- and two-bedroom layouts, with an average unit size of approximately 1,167 SF. Current in-place rents generate $608,400 in annual gross scheduled rent, plus additional income from utility, pet, late, and application fees, bringing total gross income to $624,800. With a current NOI of $432,041, the asset offers strong day-one income performance. Built in 1972, the building is constructed of concrete block with painted stucco exterior, slab-on-grade foundation, flat roof, mature landscaping, and covered garage parking. Positioned in a high-demand North Miami location, 2345 NE 135th Street combines full occupancy, durable construction, and attractive in-place income, making it an excellent opportunity for investors seeking scale, stability, and long-term upside.