345 85th St, Miami Beach FL 33141
Miami Beach, FL 33141
$2,750,000
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- Price
- $2,750,000
- Building size
- 6,336
- Property type
- Income/MultiFamily
- Year built
- 1951
- Lot size (sq ft)
- 7,680
- MLS number
- A12064481
This listing is courtesy of Real Estate Sales Force, 305-392-1497.
About this property
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.
Details
- Property type
- Income/MultiFamily
- Year built
- 1951
- Lot size (sq ft)
- 7,680
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC