1 / 23
+18 photosLuxury home — 1385 NE 105th Street · Miami Shores
$1,875,000
1385 NE 105th Street, Miami Shores, FL 33138
Miami Shores, FL, 33138
— bd · 0 ba · 4,767 sqft
Listed by The Alpha Commercial Advisors LLC
1385 NE 105th Street, Miami Shores, FL 33138
Listed by The Alpha Commercial Advisors LLC
Add this home to your tour day
Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
0 of 6 homes in your tour
Estimated monthly payment
$12,864/mo
Income & expenses
Income and operating expenses: Not provided — Ask Simon for the seller's rent roll and operating statement. No return calculation available.
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $12,864/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AE · verify insurance quotes before buying.
About this home
Find similar homesThis well-maintained income property combines stable cash-flow with a clear path for immediate rental growth from light interior renovations. Featuring six oversized +/- 795 SF 1-BR residences, each offering private screened-in patio and select units configured with flexible den areas. Now with brand new roof as of Sept. 2026, property features clean, bright interiors, impact windows & doors, and private surface parking for an elevated, low-density residential experience distinguished from conventional condominium living.Plenty of immediate value-add upside available by updating appliances & finishes, adding in-unit washer/dryers, and transitioning remaining units to central A/C. Positioned east of Biscayne Boulevard just steps from the waterfront, the property offers a unique combination of tranquility and everyday convenience. Residents enjoy quick access to main commercial corridors while remaining surrounded by the recreational and lifestyle amenities of the Miami Shores area, including nearby golf, tennis, waterfront recreation, upscale grocers, dining, and neighborhood retail. This is an attractive opportunity to acquire a low-maintenance asset with durable income, tons of upside, and long-term appreciation potential in one of Miami’s most established water-front residential enclaves.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 6%
The seller has come down from $1,995,000 to $1,875,000 — a $120,000 reduction since it came on the market.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
≈ $12,864/mo
1385 NE 105th Street, Miami Shores, FL 33138 · Miami Shores
Location
1385 NE 105th Street, Miami Shores, FL 33138
What buyers ask about this home
What are the estimated monthly carrying costs at 1385 NE 105th Street, Miami Shores, FL 33138?+
Property tax (after sale): $2,217/month est.; homeowners insurance: $918/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $3,135/month est. Principal and interest: $9,729/month; PMI: $0/month. Total for the payment scenario shown: $12,864/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1385 NE 105th Street, Miami Shores, FL 33138?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1385 NE 105th Street, Miami Shores, FL 33138 need flood insurance, and what drives the premium?+
Most of Miami Shores sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 1385 NE 105th Street, Miami Shores, FL 33138?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 1385 NE 105th Street, Miami Shores, FL 33138?+
This listing has been on the market 82 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Located in Miami Shores, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
David Lawrence Jr. K-8 Center
Elementary · 3.2 mi from this home · 15000 Bay Vista Blvd, North Miami
North Miami Middle School
Middle school · 2.2 mi from this home · 700 Ne 137Th St, North Miami
Alonzo & Tracy Mourning Senior High School
High school · 3.4 mi from this home · 2601 Ne 151St St, Miami
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Mater Biscayne Academy North Miami Middle School
Middle school · Charter · Grades 6–8 · North Miami
Yeshiva Toras Chaim Toras Emes Rohr Middle School
Middle school · Private · Jewish · Grades 6–8 · North Miami Beach
Archdiocese Of Miami Virtual Catholic School
Pre-K & Kindergarten · Private · Catholic · Grades K–12 · Miami Shores
Advance Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades K–12 · North Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Simon Gedz
Realtor® since 1995
Interested in this property?
$1,875,000 · MLS A12074969
$1,875,000
1385 NE 105th Street
1400 NE 104 Street Miami Shores FL, Miami Shores, FL 33138
Listed by Miami Waterfront Realty
RIVER BAY PARK ADDN
3 bd · 2 ba · 2,169 sq ft
$1,450,000
View details
10690 NE 11th Court, Miami Shores, FL 33138
Listed by Colfax Realty International Inc
MIAMI SHORES ESTATES
4 bd · 3 ba · 1,900 sq ft
$1,670,000
View details
1545 NE 104th Street, Miami Shores, FL 33138
Listed by United Realty Group Inc
RIVER BAY PARK ADDN
$2,499,000
View details
1185 NE 104th Street, Miami Shores, FL 33138
Listed by Douglas Elliman
BISCAYNE RIVER HEIGHTS
$2,500,000
View details
10618 NE 11th Court, Miami Shores, FL 33138
Listed by Miami Masterpiece
MIAMI SHORES ESTATES
3 bd · 2 ba · 3,008 sq ft
$2,497,000
View details
1266 NE 101st Street, Miami Shores, FL 33138
Listed by Robert Bourne Real Estate LLC
GORDON SHORES
4 bd · 4 ba · 3,611 sq ft
$2,665,000
View details