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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1951
Sq.Footage
6,336
Prime 8-Unit Multifamily Investment Opportunity in Miami Beach! Exceptional income-producing property featuring eight 1-bedroom, 1-bathroom units in one of Miami Beach’s most desirable rental markets. Currently 7 of 8 units are occupied, providing immediate cash flow with one vacant unit offering instant value-add potential. Built in 1951, the property offers 6,336 SF of improvements on a 7,680 SF lot with RM-1 Multifamily Low Intensity zoning and 8 assigned parking spaces. Ideally located just minutes from the beach, world-renowned dining, shopping, entertainment, and major employment centers, this asset benefits from strong year-round rental demand and a thriving workforce demographic. A rare opportunity for investors seeking stable income with future upside in a premier Miami Beach location. Do not disturb tenants. Showings by appointment only.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Heating YN
YES
-
Heating
Wall Furnace
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Parking
Assigned
-
Pool
No
Area & Lot
-
Lot Size(square feet)
7,680
-
Property Type
Commercial Sale
-
Property Sub Type
Multi Family
Price
-
Sales Price
$2,750,000
-
Zoning
3900
-
Sq. Footage
6,336
-
Price/SqFt
$434
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Bryan Ozuna , Real Estate Sales Force
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Realtor
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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