Basics
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Bathrooms: 0
- Lot size: 5650, 5650 sq ft
- Year built: 1958
- County: Miami-Dade
- MLS ID: A11923577
Description
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Description:
BISCAYNE BEACH SUB PB 44-67 LOT 9 BLK 4 LOT SIZE 50.000 X 113 OR 19209-0078 0500 1 A 10-unit multifamily property located in the highly walkable North Beach district of Miami Beach. Built in 1958, this two-story building sits between Hawthorne Avenue and Crespi Boulevard, just steps from the Tatum Waterway and minutes from the ocean. The property offers ten spacious one-bed/one-bath units, each over 700 square feet, with separate electric and gas meters, individual water heaters, and classic Miami Beach charm.
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While selectively updated, the asset presents strong value-add potential through modernization and rent optimization. The area continues to benefit from significant public and private redevelopment, including the North Beach Town Center District and other large-scale projects driving sustained rent growth and property appreciation.
With a stable tenant base, flexible lease structure, and prime location near Collins Avenue, Harding Avenue, the Atlantic Ocean, and North Shore Park, Seven90 Apartments represents an excellent opportunity to acquire a boutique multifamily property combining stability, upside, and long-term investment value in one of Miami Beach’s most desirable rental submarkets.
Building Details
- Structure Type: Apartment
- Covered Spaces: 0
Expenses, Fees & Taxes
- Tax Annual Amount: $30,391
Miscellaneous
- List Office Name: Fausto Commercial Realty Consultants Inc
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in 790, 81st St, Miami Beach, FL, 33141 was built in 1958, and is listed at $2,500,000.