This exceptional waterfront multifamily property is ideally located in prime Miami Beach, offering residents highly desirable coastal living with direct proximity to the water. The building consists of five (5) 1-bedroom, 1-bathroom units, all of which are fully occupied, providing immediate and stable cash flow.
The property is currently generating $8,300 in monthly rental income, presenting investors with strong in-place revenue and long-term investment stability. Its premier waterfront location offers tenants convenient access to Miami Beach’s renowned beaches, parks, dining, shopping, and entertainment, while still maintaining a quiet and desirable residential atmosphere.
With its irreplaceable waterfront setting, strong occupancy, and location within one of South Florida’s most sought-after rental markets, this property represents an outstanding opportunity for investors seeking a stable, income-producing asset with long-term appreciation potential.
- Swimming Pool
- Heating System
- Cooling System
- Architectural Style
- Roof:
- Tile, Flat
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami Beach
- Zipcode:
- 33141
- Street:
- 8135 Crespi Blvd, Miami Beach, Florida 33141
- Longitude:
- W81° 52' 30.5''
- Latitude:
- N25° 52' 2.4''
- Building Area:
- 3,510 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 1
- DOM:
- 8
- Flooring:
- Tile, Terrazzo
- Frontage Length:
- 60
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional
- Lot Features
- Parcel Number:
- 02-32-02-008-2150
- Subdivision Name:
- BISCAYNE BCH SUB
- Tax Annual Amount:
- $19,203
- Tax Year:
- 2025
- Utilities
- Virtual Tour:
- Click Here
- Waterfront Features
Residential Income For Sale
8135 Crespi Blvd, Miami Beach, Florida 33141, Miami Beach, Florida 33141
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,600,000
- Square Footage :
- 3,510 Sqft
- Year Built :
- 1950
- MLS # :
- A11958236
- Property Sub Type :
- Quadruplex
