Commercial Real Estate

CommercialSaleMultifamilyFLMiami Beach345, 85th St, Miami Beach, FL, 33141

Basics

Description

  • Description:

    BEACH BAY SUB PB 44-25 LOT 5 BLK 4 LOT SIZE 60.000 X 128 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.

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Building Details

  • Structure Type: MultiFamily
  • Water Source: Public
  • Sewer: PublicSewer
  • Construction Materials: Block
  • Covered Spaces: 0
  • Floor covering: ,

Amenities & Features

  • Parking Features: Assigned
  • Security Features: SmokeDetectors
  • Parking Total: 8
  • Roof: Shingle
  • Heating: WindowUnit,WallFurnace

Miscellaneous

  • List Office Name: Real Estate Sales Force
  • Listing Terms: Cash,Conventional

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This -type commercial real estate is located in 345, 85th St, Miami Beach, FL, 33141 was built in 1951, and is listed at $2,750,000.

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